Discover how CD accounts work, understand terms, interest rates, compounding, and strategies to maximize CD benefits for ...

Anyone looking for a safe place to stash their money and generate returns may consider a term deposit. But what is a term deposit, and how does it work? Here’s a closer look. A term deposit is a ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

Clydesdale and Yorkshire Banks has launched new rates of up to 4.25% AER on its Term Deposit account. The account is ideal for those who want to put away a lump sum and don't want to make any ...

If you're sitting on extra cash and looking for a low-risk way to grow it, this may be a good time to do so. Interest rates are still elevated right now, after all, and that has led more savers to ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

In June, the Federal Reserve raised interest rates for the second time this year and for the seventh time since it began normalizing rates in December 2015. Overall, deposit rates have been slow to ...

To help savers make the most of their savings, Yorkshire Bank has launched a new term deposit account with a guaranteed interest rate of up to 6.25% AER. With a minimum deposit of just £2,000, savers ...

Last week, we had the biggest stock market drop in months. I took the opportunity to remind my parents that they shouldn’t panic when the stock market sells off… they should root for it. In fact, the ...