Best CD rates by term Historically, longer-term CDs pay higher rates. For example, according to data from the Federal Deposit Insurance Corporation (FDIC), six-month CDs averaged 0.78% in 2009 ...

Compare multiple financial institutions to find the best six-month CD rates for your short-term financial goals or to build a long-term CD ladder.

We analyzed 458 total certificates of deposit across 148 financial institutions to find the best no-penalty CDs overall. When ranking each account, we focused primarily on the account’s annual ...

A no-penalty CD is a type of certificate of deposit that charges no fee for withdrawing money before the term expires. You usually must withdraw the full balance at once.

Learn about certificate of deposit (CD) types, how they work, and how they can fit into your savings goals. Browse Investopedia’s expert-written library for more.