Who should open a 5-year CD? A five-year CD is a useful savings tool for people who are looking to save for a specific purchase down the road. For example, you might tuck away funds with the ...

All ratings are determined solely by our editorial team. Fidelity’s three-month CD scores so well because it offers a robust 4.50% APY. Your CD also comes with the standard $250,000 in FDIC ...

Laddering helps lower your risk while increasing your return because it allows you to continue investing in the highest-rated CDs available. The method is to use your funds to buy CDs at different ...

CNBC Select will update as changes are made public. A no-penalty CD, also known as a penalty-free CD or a liquid CD, is a type of certificate of deposit that allows you to lock in a good savings ...

If you click on links we provide, we may receive compensation. The bank offers high APYs on some short-term CDs, but they come with a steep deposit requirement FG Trade / Getty Images Wells Fargo ...

KeyBank offers three types of CDs: short-term CDs, tiered long-term CDs and high-yield jumbo CDs. Short-term and tiered long-term CDs require a minimum opening deposit of $2,500, and the KeyBank ...

A new proposal borrows from the principles of quantum mechanics and a technique called "wavelength multiplexing" to ...

Certificates of deposit (CDs) often pay better returns than other savings options, and their fixed rates allow you to lock in a high APY for the term. However, they typically don’t offer much ...

Our picks for the best CD rates are offered by Quontic Bank (4.95%), Barclays (4.65%) and Ally Bank (4.40%). We’ve put together a list of the best CD rates from our top-rated banks, credit ...

CD interest is taxed as ordinary income and you must report it on your tax return if the term is longer than one year, even if you can’t cash the CD until it matures. Financial institutions must ...

For the past couple of years, investors have watched CD rates climb to levels not seen in decades. However, with the Federal Reserve cutting the federal funds rate by a half-point in September ...

We review nationwide banks and credit unions daily to help you find the best 1-year CD. The current best CD rate for a 12-month CD term is 4.55% APY from Newtek Bank. In comparison, the average ...