Certificate of Deposit (CD Knowledge Center
By following hundreds of CD products, MoneyRates continually brings you the latest information on CD rates. In addition, the site has many articles on how to make the best use of CDs.
Understanding Different Types of CDs
CDs come in many varieties. Find what's best for you by understanding options such as:
- Short- and long-term CDs
- IRA CDs
- No-penalty CDs
Getting More From Your CD
CDs often pay higher rates than savings accounts; but to really get the most from a CD, you should understand things like:
- How to find the best CD rates
- Choosing the right CD term
- Using a CD ladder
- Tax consequences of CDs
CDs can represent a commitment of months or even years. The more you know, the better you can make that commitment pay off.
Confused about how to pick the right kind of CD? This guide describes several options and walks through the steps toward deciding which is best for you.
If you have short-term financial goals, learning how to invest in CDs can help you maximize your return and potentially make more money than other options.
Could you be earning more money in a CD? Find out how CDs work and how to shop for them. Learn how they can earn you more interest, help manage your cash flow and keep your money safe.
Want a better deal on your CDs? Brokered CDs are a potential way you could get better CD terms, as long as you understand the potential risks along with the potential benefits.
Old Line Bank offers savings products, including no-penalty CDs. Learn how these CDs work if you're considering opening an account.
Marcus offers CDs for savers with no penalty for early withdrawal. Learn how the no-penalty CD from Marcus works to decide whether to open an account.
Looking for a CD for your IRA? Certificates of deposit can play different roles in your IRA. Learn how to use CDs and how to find the best IRA CD rates.
Would you like the yield of a CD without the commitment? Find out how no-penalty CDs can give you the yield benefit of owning a CD without having to lock your money up for the full term of the CD.
Variable-rate CDs can offer savers some intriguing options, but not always at a favorable price.
CDs are safe instruments for earning interest, but their tax treatment can create a cash crunch. Here's how to plan ahead so you aren't caught short of money at tax time.