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CD Rates | Certificate of Deposit News and Information

12-Month CD Rates Deal of the Day: First Security Credit Union at 0.65% APY

CD Interest Rates Deal of the Day: WESTconsin Credit Union at 0.65% APY

CD Interest Rates Deal of the Day: El Monte City Employees Credit Union at 0.90% APY

12-Month CD Rates Deal of the Day: Wilshire State Bank at 0.80% APY

24-Month CD Rates Deal of the Day: Credit Union of Leavenworth County at 0.80% APY

CD Interest Rates Deal of the Day: Bourns Employees Credit Union at 0.75% APY

24-Month CD Interest Rates Deal of the Day: Generations Federal Credit Union at 0.95% APY

24-Month CD Rate Deal of the Day: Sandia Area Federal Credit Union at 0.80% APY

12-Month CD Rate Deal of the Day: Municipal Employees Of Baltimore Credit Union at 0.75% APY

CD Rates Deal of the Day: Charleston Federal Credit Union at 0.75% APY

Learn More About CD Accounts

A Certificate of Deposit or CD is a special account offered by most banks to help consumers save more money than a standard account. CDs are similar to savings accounts in that they are insured and thus virtually risk-free because they are insured by the FDIC (Federal Deposit Insurance Corp).

They are different from savings accounts because a CD account has a specific, fixed term anywhere from a few months to a few years. The Interest Rate is also typically fixed and can often be higher than other savings account because a consumer is committing their money for a longer time to the bank, and the bank can use that money to lend and make loans.

Fixed interest rates are common, but some banks offer CDs with various forms of variable rates and special offers as well.

Investing in CDs for Beginners

Do you have money in the bank that isn't earning you any interest or very little interest? Have you thought about investing your money in the stock market, but decided not to in the end because you don't want to risk losing all your hard-earned money?

More people are investing in Certificate of Deposits (CD) these days and are finding that high CD rates are a great way to build their personal financial wealth without all the risk. Remember, time is money; get started on a CD account today.

You definitely don't need to be a financial expert to build your wealth - the following articles will show you how CDs work and strategies to build your wealth.

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