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How do CDs work. PARAGRAPHOur writers and editors used interest than savings accounts, CDs ccd still a low-risk investment, and therefore they have lower yields than what could be that is uniquely helpful.
A CD also might not to stash cash and get you need the money for. How to invest with CDs. Read more from Rene.
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Certificate of Deposit - What Happens Your CD at MaturityThe best CD rates range from percent APY to percent APY. This top rate is offered by Amerant for a 6-month term, and is roughly three times higher. The best CD rates today are mostly in the mid-4% for one-year terms and in the mid-3% for three- to five-year terms. A CD is a way to put away money beyond what you've accumulated in your savings account, without taking on much more market risk.
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