Certificate of deposit (CD) earnings can be impressive, depending on the interest rate and term. Learn how CD investments work and how much you can earn from one.
Looking for a guaranteed, attractive return in exchange for leaving your savings untouched for two years? Here are the best two-year CDs available today.
Knowing the history of CD interest rates—along with the economic conditions at the time—can provide helpful guidance for using this information to maximize return on savings.
There are two interest rates posted with nearly every interest-bearing instrument: interest rate and annual percentage yield (APY). APY is the most important to you as an investor. Here’s why.
Capital One is one of the nation’s largest banks. It’s noteworthy for its lack of account fees, attractive APYs, and cafés that offer free WiFI, workspace, and account services.
Interest earned by CDs is taxable, though tax payments may be delayed if they are held in some tax-advantaged retirement accounts. Learn the details of how this works.
Both money market accounts and certificates of deposit (CD) offer opportunities to earn higher interest than a regular savings account, which can boost savings.