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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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Banking data studies

A majority (81%) of Americans did not increase their emergency savings this year
Over 1 in 4 workers are more worried about job security since 2025 began.
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

Stacks of money lined up against a colorful red background
I’ve been in financial services for nearly 14 years and have helped customers with the most common deposit products, but this month was the first time I opened a certificate of deposit (CD) for myse [...]
Person Putting Coin In Piggy Bank At Table
Savers can still earn yields on deposit accounts that are outpacing inflation, even as some yields have decreased recently as banks anticipate a likely Federal Reserve rate cut in September. One such option [...]
white-collar woman looks tired in the office
Despite strong economic indicators, many Americans are experiencing a “vibecession.”
Couple looking at a map
Make your mid-career break a success with these five ways to save for a year off.
Young person writing on a notepad
Whether you hope to buy a home or just rent for a while, a solid savings plan is the key to finally moving out of your parents’ house.
Young mother looking for a job using internet
Overpaid in unemployment benefits? Here’s how to resolve the issue efficiently.
Banker and client talking
Closing a savings or checking account that’s in good standing won’t hurt your credit in any way.
Young Asian professional woman shaking hands
Here’s how to find the job you want and save money throughout the process.
A majority (81%) of Americans did not increase their emergency savings this year
Here’s how to boost your savings.
Person imagining a piggy bank made out of cash.
Ready to open a savings account? Here’s what you’ll need to know.
Illustration of construction workers on a roof
An emergency fund is an essential part of a solid financial plan.
Woman working with business document and laptop on the table
It’s a low interest rate environment, but there are ways to earn more on your money.
Woman sitting outside of restaurant looking at cell phone
Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.
Illustration of an old-fashioned physical bank branch and a mobile phone.
Keeping your savings in a bank down the street may seem like the obvious play, but there may be real downsides for doing so.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Comparing savings rates can ensure you get the best return on your savings.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
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Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
Photo of Fed Chair Jerome Powell at a podium, holding his hands up.
The Federal Reserve left interest rates unchanged at its first meeting of 2026, keeping borrowing costs in a target range of 3.5-3.75%. This decision (supported by a 10-2 vote) pauses a streak of three [...]
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 woman ponders
Find out what happens to CDs that are set to mature.
Clocks are displayed across an image of a dollar bill.
Take a look at the days when CDs were offering investors double-digit returns.
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Here are differences between CDs and share certificates, and which one to choose.
Middle aged woman on laptop
Everything you need to know about opening an account.
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.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Bank teller with customer
These credit unions offer great rates and top-notch features — and many make it easy to join.
Young woman calculating her finances while sitting with her laptop.
Investing with mutual funds is an easy way to build a diversified portfolio. Here’s what you need to know.
Woman using mobile phone at the bar
These accounts sound similar, but there are some key differences to know.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
Person looking at smartphone
The best account to save your money will vary by your goal.
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Mobile apps make managing your money a snap and mobile alerts can help protect it.
Young couple paying bills online
Online bill pay can add convenience and security to managing your routine bills.
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A bank may deny you a checking account. Here is what you can do next.
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Depositing cash into someone’s account isn’t always possible, but there are options.
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Knowing your limit before making a purchase can help you make smarter decisions.
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A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Applicants sometimes have past problems such as an unpaid negative balance [...]
Spend money, pay bills, write checks or make fund transfers with a checking account.
person on phone by computer looking at piece of paper
Here’s how these two bank fees compare and how to best avoid them.