Elevate Your Savings: Discover Premier Certificates of Deposit
Compare Types of CDs
Certificates of Deposit (CDs) are a preferred choice for individuals seeking a low-risk investment avenue to securely grow their savings over a predetermined timeframe.
As a fixed-term financial product offered by banks and credit unions, CDs assure investors of guaranteed returns upon maturity, devoid of the market volatilities associated with other investment types.
As a fixed-term financial product offered by banks and credit unions, CDs assure investors of guaranteed returns upon maturity, devoid of the market volatilities associated with other investment types.
Type of CDs | Best for |
---|---|
Traditional CD 1 month to 5+ years. | Investors seeking guaranteed returns without needing immediate access to their funds |
Bump-Up CD 1 to 5 years | Investors who anticipate interest rates will rise and want the option to adjust |
Liquid (or No-Penalty) CD 3 months to 1 year | Investors needing some liquidity while earning higher interest than savings accounts |
Jumbo CD Varies, typically 1 month to 5 years | Investors with a large sum to invest (usually over $100,000) seeking higher interest rates |
Brokered CD Varies, can be up to 10 years or more | Investors looking for flexibility and potentially higher rates through the secondary market |
Step-Up CD Fixed terms, e.g., 5 years | Investors who want to benefit from potential interest rate increases over time |