Maximize Returns with Certificate of Deposit CD Secrets

Unlock the potential of your savings by exploring how Certificate of Deposit (CD) secrets can help you maximize returns, and as you browse options, you'll uncover the best strategies to make your money work harder for you.

Understanding Certificate of Deposit (CD) Basics

Certificates of Deposit (CDs) are a popular savings tool offered by banks and credit unions, providing a fixed interest rate for a specified term. Unlike regular savings accounts, CDs require you to lock in your funds for a predetermined period, ranging from a few months to several years, but in return, they typically offer higher interest rates.