A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 year terms. Bump-up CDs typically start with APYs that are 0.10-0.25 ...

Learn how it works, its benefits, and potential drawbacks.

A certificate of deposit (CD) is a type of savings account that holds your money for a set period of time, known as the term. Terms typically range from three months to 10 years. CDs are popular ...

A bank CD is issued directly by a bank and pays a fixed rate if you hold it to maturity. A brokered CD, on the other hand, is purchased through a brokerage and often offers access to higher rates and ...