A certificate of deposit, or CD, lets you lock in an interest rate for a fixed amount of time. This guaranteed rate can provide you with a sense of security, but the flip side of that coin is that ...

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If you're looking for the best 2-year CD rates, you'll likely find them at online banks and credit unions. These financial institutions can far outpace the average APY (Annual Percentage Yield ...

Interest is compounded daily and is credited monthly. You can withdraw interest earned at any time during your CD term without penalty. CDs automatically renew at maturity. Synchrony customers ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

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If you’re looking for a secure place to store your money and earn interest, a high-yield certificate of deposit (CD) could be a good option. These accounts require you to keep your money on ...