As interest rates rise throughout the economy, certificates of deposit (CDs), in particular, are having a moment. In general, CD interest comes at the cost of locking your money in the account for the ...
Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...
While inflation and interest rates have caused many Americans to stretch their budgets, the flip side is that savers and investors have been able to enjoy higher yields on financial instruments like ...
A certificate of deposit (CD) is a type of savings account that allows you to earn a higher rate of interest than a traditional savings account. The "catch" is that you have to leave your money in the ...
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Not all CDs are alike — they differ in terms, interest and other features. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...
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State Farm offers better insurance policies than banking services, given the low rates on its deposit accounts State Farm’s CD rates may vary by location, and the rates listed below may not be ...
Ally Bank offers several CD types, each with a different key benefit. None require a minimum balance, which is an attractive feature. Most CDs require a minimum balance. Ally’s CDs have daily ...
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Bump-up CDs: What they are and how they work
A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 year terms. Bump-up CDs typically start with APYs that are 0.10-0.25 ...
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