Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

KeyBank offers three types of CDs: short-term CDs, tiered long-term CDs and high-yield jumbo CDs. Short-term and tiered long-term CDs require a minimum opening deposit of $2,500, and the KeyBank ...

One option for risk-averse investors is a certificate of deposit, or CD. These accounts combine the security of a bank account with interest rates usually higher than the average savings account ...

All ratings are determined solely by our editorial team. When you put your dough into a one-year Bread Savings CD, you’ll earn a very competitive 4.30% APY, which is compounded daily so your ...

Although it's nice to earn around 5% from a CD, there are drawbacks, too. Higher CD rates go hand-in-hand with higher borrowing rates. An early withdrawal could result in a costly penalty.

You could be penalized for cashing out a CD early. If your CD deposit is too large or your bank isn't FDIC-insured, you could lose money. You might lose out financially with a CD without even ...

Three-month CD rates aren't too common, but of those available, online banks tend to have the best. These CDs can be helpful in some savings strategies, such as CD ladders. Why trust NerdWallet ...

Six-month CD rates can play a role in boosting your short-term savings, especially in some saving strategies such as CD ladders. Here's a list of our picks. Why trust NerdWallet Strict editorial ...

Certificate of deposit accounts (CD accounts) operate similarly to high-yield savings accounts in some ways, but the two have some very important differences. What is a high-yield savings account ...

Rates are falling, but that's not the only thing to consider when deciding if you should open a CD today. Dashia is a staff editor for CNET Money who covers all angles of personal finance ...

Lauren Ward is a personal finance writer who has covered banking, real estate and financial services for over a decade. Her work has appeared in USA Today Blueprint, Fox Business and more.