There are multiple CD options to choose from right now, each with its own set of advantages and disadvantages.

Carefully consider which type of CD is best for you. With a traditional CD, you make a one-time deposit that meets or exceeds ...

Given the restrictive CD withdrawal rules, it's important to weigh the potential CD returns along with the risks and ...

Learn more about today's Synchrony Bank CD rates and how they compare with the competition.

A certificate of deposit — or CD — is a type of deposit or savings account that allows you to grow your savings at higher rates of return than a traditional savings account. Offered by big ...

Browse Investopedia’s expert-written library to learn more. CDs, along with other types of deposit products, do not build credit. Only borrowing money through some type of loan from a ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...

A brokered CD is a type of CD you can buy through a broker or brokerage firm rather than a bank. With a brokered CD, you can get most benefits a traditional CD offers plus take advantage of longer ...

Huntington Bank offers two types of CD accounts. Traditional fixed-rate CDs come with a $1,000 minimum deposit requirement. Higher APYs are available with Huntington Promotional Fixed Rate ...

Terms range from three months to five years, and all CDs are FDIC-insured up to the standard coverage limit of $250,000 per depositor, per account ownership type, per financial institution.

When it doesn't make sense to have a CD If you're concerned about not being able to easily and quickly access your money, you can put your cash in an account type that better meets your needs.