Certificates of deposit (CD) accounts have spiked in popularity in recent years among savers seeking to take advantage of a sharp rise in their yields. According to January 2022 data from the ...
However, as with all financial decisions, it helps to get an overall picture of what opening a long-term CD involves if you plan to open one of these accounts soon. So what exactly should you know ...
Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.
Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...
We compared BMO CDs to the best CD rates and found it's an industry leader because BMO Alto CDs offer some of the best rates for accounts with no opening deposit requirements. BMO Alto CDs are ...
See how we rate banking products to write unbiased product reviews. You might want to open a 6-month CD if you're looking for a way to lock in a high interest rate for half a year. According to ...
Vinyl and streaming may grab all the headlines, but CDs are still going strong – in fact, CD sales have seen an uptick in recent years, which is always good news to fans of physical formats. Whether ...
Jess Ullrich is a freelance contributor on Newsweek’s personal finance team. As a former financial editor, her expertise spans several verticals, but she particularly enjoys covering banking ...
If you’re interested in an Edward Jones certificate of deposit (CD), rates are higher than the national average, ranging between 4.00% and 4.50% annual percentage yield (APY). These rates are on ...
While Chase offers a wide variety of terms on its CDs, its rates, which are as high as 4% for a two-month CD, are competitive if you are a customer, but otherwise very low. Here’s an overview ...