Yields on competitive CDs increased to historic highs in recent years, thanks to the Federal Reserve raising its benchmark rate 11 times. Although the Fed has cut rates twice in recent months ...

Miranda Marquit, MBA, is a freelance contributor to Newsweek’s personal finance team. She has an M.A. in journalism from Syracuse University and has been writing and podcasting about money since ...

Today’s featured pick is the 5-year CD account offered by Merrick Bank. This account has an APY of 4.05%. With a required ...

If you click on links we provide, we may receive compensation. Bank of America CDs are flexible, with competitive rates in some terms Michael Boyle is an experienced financial professional with ...

Even with this downward trend, though, CDs continue to offer compelling returns compared to historical averages, particularly when measured against the near-zero rates that characterized much of ...

When you’re ready to open a CD, compare the best terms and rates among local credit unions and banks to find the right fit for your savings. A type of savings account in which a lump-sum deposit ...

CDs are a great tool to use when you're saving for a short-term goal -- one that's a few years away or closer. But if you're ...