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A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on money held for an agreed-upon period of time. CD rates are usually higher than savings accounts ...

CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can be a good choice. Most jumbo CDs require a minimum deposit of at ...

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CDs are also enjoying a resurgence for the first time in nearly 20 years. According to data from the Recording Industry Association of America (RIAA), CD sales rose by 11 per cent to $537 million in ...

The Citizens Bank Online 14-month CD has a $1,000 minimum balance requirement. The Citizens Bank Online 7-month CD has a $25,000 minimum balance requirement and a higher APY. Both CDs require a ...

See how we rate banking products to write unbiased product reviews. The best 5-year CD rate is 4.00% APY from Synchrony and several other places. The best 5-year CDs far outpace the national ...

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 ...

A CD provides the safety of a savings account, but it can offer a higher fixed interest rate. That said, you need to be willing to commit your cash for a specific period of time.

CD rates tend to be higher for longer terms, however, you’ll quickly notice that the yields above hit their zenith at the nine-month mark. This is due to two simultaneous developments: the ...