So what’s behind these limited-time offers? “Promotional CD rates are a great way for a bank to attract deposit balances with ...

The 6-month CD special at Vibrant comes with a highly competitive 4.50% APY and only takes $5 to open. That said, membership ...

CDs can help you lock in today’s generous interest rates ...

The promotional 6- month CD delivers a competitive 4.04% APY to new customers at Ocean Bank. That said, customers in Boca Raton, Fla., specifically, are eligible for its highest available 4.80% APY ...

The Federal Reserve held interest rates steady again at its July meeting, resisting pressure to cut rates despite growing ...

A certificate of deposit, or CD, is a savings product that offers a fixed interest rate in exchange for keeping your money in the account for a specified period, or term. If you need to access ...

Typically, a certificate of deposit matures between six months and five years, although CDs are available in a variety of term lengths. CD rates change, so be sure to check current rates before ...

As of February 18, 2025, the weighted average interest rate for a 12-month CD was 1.80%, compared with 0.41% for a savings account and 0.64% for a money market account, according to the Federal ...

Initial deposit The “initial deposit” is the amount you agree to put into your CD at opening. CIT Bank, for instance, has a $1,000 minimum deposit for most of its CDs.

Investing in a certificate of deposit has many benefits but there are also a few drawbacks that should be considered before opening one. Let's take a look at the pros and cons that come with a CD.

Certificate of Deposit 3 things to do before your CD matures Is your CD account approaching its maturity date? Then consider making these three smart moves now. Mar 18, 2024 ...

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.