
What Is a Certificate of Deposit (CD)? Pros and Cons
Nov 20, 2025 · A certificate of deposit is a type of savings account that pays a fixed interest rate on your deposit for a set period of time (the term), in return for leaving the money in the …
What Is a Certificate of Deposit or Share Certificate?
4 days ago · What Is a Certificate of Deposit or Share Certificate? Master fixed-rate savings. Define Certificates of Deposit and Share Certificates, understand penalties and insurance, and …
What Is a Certificate of Deposit? | Banking Advice | U.S. News
Mar 6, 2025 · CDs typically offer higher returns than a traditional savings account, but you must lock up your money for a fixed period. A certificate of deposit, or CD, is a type of savings …
What Is a Certificate of Deposit (CD) And How Does It Work?
Nov 21, 2025 · What Is a Certificate of Deposit? A certificate of deposit (CD) is a savings vehicle that provides interest compensation in exchange for a commitment to leave the amount …
What Is a Certificate of Deposit? - SoFi
Feb 13, 2025 · A certificate of deposit (or CD) is considered a type of savings account, but a CD locks up your money for a fixed time period in exchange for a higher rate of interest than a …
What is a Certificate of Deposit (CD) & How Does It Work
A certificate of deposit (CD) is a type of low-risk savings account that can boost the amount you earn in interest in exchange for keeping your money deposited for a set amount of time.
What is a CD (certificate of deposit)? - Fidelity Investments
CD, or certificate of deposit, is a savings product issued by a bank. Here’s what you need to know about CDs, including their pros and cons and how to buy them.
What is a Certificate of Deposit? Explained - DrudgePost
Nov 29, 2025 · You agree to deposit a certain amount of money for a predetermined length of time, and in return, the institution promises to pay you a specific interest rate at the end of that …
Certificate of Deposit Definition and Examples
What is a Certificate of Deposit? A Certificate of Deposit (CD) is a time deposit account offered by banks and credit unions that provides a fixed interest rate in exchange for leaving funds …
What is a CD & how do they work? | Capital One
Jul 31, 2024 · What is a certificate of deposit? The definition of certificate of deposit is an account that allows you to save money typically at a fixed interest rate for a fixed amount of time—say, …