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How to open a certificate of deposit (CD)

Banking
Everything you need to know about opening an account.
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How to start saving (even if you’re starting from scratch)

Banking
Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.
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How to transfer money from one bank to another: 4 ways

Banking
Keep fees in check when you shift money from one bank account to another.

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Senior Economic Analyst

Banking data studies

Money next to flashing sirens
If you’re struggling to pay off debt and build savings, you’re not alone.
Piggy bank with doctors equipment. Cute and comical
A mid-year checkup is the most effective way to ensure my finances are on track.
And elderly couple discussing HYSA options
Two-thirds of American savers say they’re earning rates below 4% APY. Here’s why.

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Latest articles

Woman texting on her smart phone and smiling
The smartphone in your hand can help you better manage your money.
A collection of assorted items: old analog alarm clock, padlock, keys, a check, a hand holding cash
CDs often pay better interest than savings accounts and can amp up your nest egg.
Parents helping baby walk on beach
How to save on baby costs and avoid common financial mistakes made by new parents.
Young couple managing finance and investment online
There’s still time to lock in a high-yielding CD as the Fed cuts rates.
Mother and daughter
A savings account is a good tool for teaching children financial basics and responsibility.
Two female fashion designers working together at their studio
Opening a business checking account isn’t as simple as opening a personal checking account. Here’s what to know.
Wireless payment using smartphone and NFC technology. Close up. Male Customer paying with smart phone in pharmacy. Close Up shopping. Modern technology and people concept - Woman with payment terminal and male customer with smartphone paying for medications
It may not be time to ditch your physical wallet just yet, but digital wallets offer several benefits.
mom in graduation gown holding daughter
Learn some of the best strategies for saving for either your short- or long-term goals.
Parents helping baby walk on beach
How to save on baby costs and avoid common financial mistakes made by new parents.
Mother and daughter
A savings account is a good tool for teaching children financial basics and responsibility.
mom in graduation gown holding daughter
Learn some of the best strategies for saving for either your short- or long-term goals.
A little girl gets a vaccination.
Setting aside pretax dollars in an HSA can help you defray future medical costs.
Mother and daughter shopping for vegetables
These six simple moves can help you build a cash cushion.
Easy mornings and working from home for this couple
Savings yields topping inflation could let you hold onto your purchasing power.
Garage sale in grass on street curb with autumn trees background
Here are some places to look for a source of funds.
family financial planning
Here’s how to boost your savings.
A collection of assorted items: old analog alarm clock, padlock, keys, a check, a hand holding cash
CDs often pay better interest than savings accounts and can amp up your nest egg.
Young couple managing finance and investment online
There’s still time to lock in a high-yielding CD as the Fed cuts rates.
Woman at laptop
Planning for retirement? Here’s what you need to know about IRA CDs.
Asian women using laptop computer at home working space.
CD terms can range from three months to five years. Learn which one is right for you.
Man working on laptop and cellphone simultaneously
If you’ve been thinking of getting a longer-term CD, you may want to make a move.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Clocks are displayed across an image of a dollar bill.
Take a look at the days when CDs were offering investors double-digit returns.
A young female researches on her phone.
Here’s everything you need to know about no-penalty CDs.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
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These accounts sound similar, but there are some key differences to know.
Asian women using laptop computer at home working space.
CD terms can range from three months to five years. Learn which one is right for you.
A young female researches on her phone.
Here’s everything you need to know about no-penalty CDs.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
A guide to mutual funds
Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
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Lay away cash for an emergency or short-term goals with a money market mutual fund.
Two female fashion designers working together at their studio
Opening a business checking account isn’t as simple as opening a personal checking account. Here’s what to know.
Woman accessing her checking account at home on a laptop
Not paying fees and an easy way to bank should all be priorities. Here are some of our favorites.
Women using tablet
Online checking accounts stand out for different features. Here’s our top picks.
Young couple paying bills online
Online bill pay can add convenience and security to managing your routine bills.
Cash in gloved hand
Depositing cash into someone’s account isn’t always possible, but there are options.
Man in coffee shop using laptop with a card in his hand.
The rule provides a framework for settling unauthorized debit-card transactions.
Person reading credit card statement
Here are easy actions you can take to avoid the fee of get it waived.
Woman standing in front of an ATM
Withdrawing cash at an out-of-network ATM? Be prepared to pay more than ever.