Thanks to inflation and a higher federal funds rate, certificate of deposit (CD) interest rates have increased exponentially in recent years. CD interest rates barely broke 1% a few years ago. By ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

If you want a safe way to grow your savings, certificates of deposit (CDs) might be a great choice. Looking for a secure ...

High-yield savings accounts offer similar interest rates and much more flexibility. The stock market offers much higher returns if you buy and hold for years. CDs have their benefits, but they simply ...

Key Takeaways Before your CD matures, you have a short window to decide what to do before your bank automatically rolls your money into a new CD.Miss that deadline and you could be locked into a new ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Focus on CDs for cash reserves, use a CD ladder and compare rates. But don’t lose sight of a CD’s purpose. Many, or all, of the products featured on this page are from our advertising partners who ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

Brokered CDs are provided through brokerages and issued by banks. They're like regular CDs, but you can trade them. Many, or all, of the products featured on this page are from our advertising ...

Perhaps no financial product better illustrates the concept of tradeoffs than the certificate of deposit (CD): You typically receive a higher yield than you can find on a normal savings account, but ...

There are three phases of fixed income opportunity, each of which requires a different strategy to maximize yield. We explore which kinds of fixed income are most suitable for each phase and look at ...

Find the highest APY available by comparing online banks and credit unions and looking for promotional terms. Build a CD ladder to take advantage of today's rates without locking all your money up for ...