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How to open a certificate of deposit (CD)

Banking
Everything you need to know about opening an account.
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How to start saving (even if you’re starting from scratch)

Banking
Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.
Illustration of two hands holding phones, sending physical gold coins to one another.

How to transfer money from one bank to another: 4 ways

Banking
Keep fees in check when you shift money from one bank account to another.

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Banking data studies

A majority (81%) of Americans did not increase their emergency savings this year
Over 1 in 4 workers are more worried about job security since 2025 began.
And elderly couple discussing HYSA options
Two-thirds of American savers say they’re earning rates below 4% APY. Here’s why.

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Latest articles

Person frowning at a laptop screen with illustration of money in background
Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
Closeup of someone counting money
The National Credit Union Administration is similar to the FDIC, which covers banks.
Illustration of an old-fashioned alarm bell ringing , hovering over a cell phone.
Mobile apps make managing your money a snap and mobile alerts can help protect it.
Person imagining a piggy bank made out of cash.
Ready to open a savings account? Here’s what you’ll need to know.
Photo of Fed Chair Jerome Powell at a podium, holding his hands up.
The Federal Reserve left interest rates unchanged at its first meeting of 2026, keeping borrowing costs in a target range of 3.5-3.75%. This decision (supported by a 10-2 vote) pauses a streak of three [...]
Wells Fargo branch
Looking for a nearby Wells Fargo location or ATM? Here’s how to find the closest ones.
Illustration of construction workers on a roof
An emergency fund is an essential part of a solid financial plan.
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC.
The big question: How long will the Fed be on hold?
man sitting on the couch and looking at his phone
The online-only bank’s savings rate tops many competitors.
woman with hearing aid talking on the phone
Many challenges still exist but advances have made earning and saving money easier.
adult with down syndrome using a computer
Specific savings accounts can help disabled individuals gain financial security.
Couple talking while standing on cliff by sea during sunny day
Even the small victories add up over time when you’re living on a fixed income.
Man using a tablet for banking
Online banks offer a number of benefits, and they’re just as safe as brick-and-mortar banks.
Couple works on bills
U.S. consumers see inflation as the biggest threat to improving personal finances.
Two young brothers bake cookies together.
It’s easy to get caught up in the holiday spirit and overspend. Here are ways to avoid that trap.
Cashier and customer wear face masks at a store during the pandemic
More than 3 in 5 Americans are worried about their incomes over the next six months.
Person frowning at a laptop screen with illustration of money in background
Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
Photo of Fed Chair Jerome Powell at a podium, holding his hands up.
The Federal Reserve left interest rates unchanged at its first meeting of 2026, keeping borrowing costs in a target range of 3.5-3.75%. This decision (supported by a 10-2 vote) pauses a streak of three [...]
Asian women using laptop computer at home working space.
CD terms can range from three months to five years. Learn which one is right for you.
A woman ponders
Find out what happens to CDs that are set to mature.
Clocks are displayed across an image of a dollar bill.
Take a look at the days when CDs were offering investors double-digit returns.
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Here are differences between CDs and share certificates, and which one to choose.
Middle aged woman on laptop
Everything you need to know about opening an account.
Man at laptop, deep in thought
Certificates of deposit offer peace of mind, but they’re not without some drawbacks.
Asian women using laptop computer at home working space.
CD terms can range from three months to five years. Learn which one is right for you.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Bank teller with customer
These credit unions offer great rates and top-notch features — and many make it easy to join.
Young woman calculating her finances while sitting with her laptop.
Investing with mutual funds is an easy way to build a diversified portfolio. Here’s what you need to know.
Woman using mobile phone at the bar
These accounts sound similar, but there are some key differences to know.
Woman online banking with a tablet
How Reg. D impacts your savings account and why it pays to check with your bank.
Person looking at smartphone
The best account to save your money will vary by your goal.
Illustration of an old-fashioned alarm bell ringing , hovering over a cell phone.
Mobile apps make managing your money a snap and mobile alerts can help protect it.
Young couple paying bills online
Online bill pay can add convenience and security to managing your routine bills.
Person folds his hands in front of their face
A bank may deny you a checking account. Here is what you can do next.
Cash in gloved hand
Depositing cash into someone’s account isn’t always possible, but there are options.
woman sitting on her couch and looking at her phone and credit card
Knowing your limit before making a purchase can help you make smarter decisions.
person using mobile phone leaning on railing
A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Applicants sometimes have past problems such as an unpaid negative balance [...]
Spend money, pay bills, write checks or make fund transfers with a checking account.
person on phone by computer looking at piece of paper
Here’s how these two bank fees compare and how to best avoid them.