Certificates of Deposit: How To Choose the Right CD

A CD account locks in a fixed rate for a set term. Learn how CD accounts work, current rates, early withdrawal penalties and when a CD makes sense for you.

Callable CDs can have higher APYs than standard CDs. However, the brokerage has the right to terminate them early, affecting your savings rate.

Can you lose money on a CD? Usually not, but early withdrawal penalties, uninsured balances and brokered CDs carry real risk. Here's how to avoid it.

Learn how to renew a CD, what the grace period means, and when auto-renewal helps or hurts. Compare rates before your certificate of deposit rolls over.