By Karen AxeltonCertificate of deposit (CD)
Understand how certificates of deposit (CDs) work and how they can help your savings grow securely.
Editors' picks
How Much Money Should I Put in a CD?
By Karen Axelton
What Is a CD?
By Marianne Hayes
7 Types of CDs
By Tim MaxwellTake action with these tools
The Experian Smart Money™ Debit Card is issued by Community Federal Savings Bank (CFSB), pursuant to a license from Mastercard International. Banking services provided by CFSB, Member FDIC. Experian is a Program Manager, not a bank. Experian Boost® results will vary. See disclosures.
What others are reading
How Are CDs Taxed?
Report interest you've earned on a CD or other interest-earning account on your federal ta...
By Gayle SatoCD Rates Forecast for 2025: Are CD Rates Going Down?
By Marianne HayesHow to Withdraw Money From a CD
By Tim MaxwellThe Pros and Cons of Certificates of Deposit (CDs)
By Sarah Archambault3 Alternatives to CDs
By Marianne HayesCan I Open a CD for My Child?
By Karen AxeltonExplore more topics
The latest from our experts
How to Invest in CDs
Knowing how to invest in CDs could help you maximize your returns—and that's where being s...
By Marianne HayesWhat Is a Callable CD?
What makes callable CDs unique is that the issuer can "call them back" early, before they ...
By Marianne HayesHow Much Money Should I Put Into a CD?
How much money you should put into a CD depends on your personal situation, like your curr...
By Emily Starbuck Gerson
5 Mistakes to Avoid With a CD
CDs are a safe savings strategy, but they require planning to avoid paying early withdrawa...
By Brianna McGurran