Key takeaways While a brokered CD works similarly to a traditional CD, there are some key differences to understand.

The rate environment is shifting and CD rates have been falling in 2024. Here's how much they've fallen by so far.

CDs commonly pay more interest than savings accounts, but that's not all. Read on for a less-obvious perk of opening a CD.

A CD gives you the benefit of a guaranteed return on your money. An early CD withdrawal can include costly penalties. In the ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

Headquartered in Warwick, RI, Shoreham Bank (previously known as Home Loan & Investment Association), features six CDs with competitive rates—most notably on its three-month and five-year CDs.

Jackie is a freelance contributor to Newsweek’s personal finance team. She is an Accredited Financial Coach (AFC®ª) and loves helping freelancers and artists manage their money and overcome ...

While online streaming is no doubt convenient and affordable compared with physical media, many of us still prefer owning a physical object like CDs for our music collection. CDs are reliable, they're ...

So, what are the best 3-year CD rates right now? Here’s our list, along with how CDs work and how to know if one is right for you.