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  1. What Is a Certificate of Deposit (CD)? Pros and Cons

    Nov 20, 2025 · What Is a Certificate of Deposit (CD)? A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on your deposit for an agreed-upon period.

  2. What is a CD & how do they work? | Capital One

    Jul 31, 2024 · A certificate of deposit (CD) allows you to save money at a fixed interest rate for a fixed amount of time. This guide will help you learn about how they work.

  3. How does a CD work? | CD rates explained | Fidelity

    Understand certificates of deposit (CDs) with this helpful guide. Learn how CD rates work and what may impact the market price of your brokered CDs. Plus, get step-by-step instructions on how to buy CDs.

  4. What is a CD (certificate of deposit)? - Bankrate

    Aug 27, 2025 · A certificate of deposit (CD) is a savings account that locks your money for a fixed term in exchange for a guaranteed interest rate. CD terms typically range from 3 months to 5 years, with...

  5. Certificates of Deposit (CDs) - Investor.gov

    A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, and in exchange, the issuing bank pays interest.

  6. Certificate of Deposit (CD): What Is It, Best Places To Open One

    CDs are contractual agreements you enter into with a bank. You give them access to your money for an agreed-upon term — typically anywhere from one month to five years. In return, you’re usually able …

  7. 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 account that...