Most CD options require a single deposit and don’t allow additional deposits, so you’ll need to gather your funds before opening an account. When you’re ready to open a CD, compare the best ...

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 ...

Interest is compounded daily and credited to your account monthly. If you take money out of your CD during the agreed-upon term, before its maturity date, you’ll be charged a penalty for early ...

These are the best banks for certificate-of-deposit customers. All offer above-average CD yields and each does at least one additional thing well, whether it’s allowing customers to take advantage of ...

If you're planning to put $100,000 or more into a CD, a jumbo CD might be a good choice. But keep in mind that some regular CDs pay even higher rates than jumbo CDs, so make sure to shop around ...

If you click on links we provide, we may receive compensation. Truist Bank offers a simple CD account with several potential interest rate tiers Thomas J Catalano is a CFP and Registered ...

Do banks or credit unions offer better rates? On average, you can find credit unions with higher certificate or CD rates than traditional banks. However, online banks and online credit unions tend ...

Dori Zinn is a personal finance journalist with more than a decade of experience covering credit, debt, investing, budgeting, saving, retirement, college affordability, jobs and careers and more.

One notable option to consider is a CD from Synchrony Bank. Known for its wide variety of CD terms and types—including bump-up CDs and no-penalty CDs—Synchrony Bank is a compelling choice for ...