Certificate of Deposit (CD)
Certificate of Deposit (CD) is covered in the Finance comparison library. The details below link to the articles covering this option.
Published facts and their articles
Values are preserved exactly as recorded. Different articles may report different configurations or dates.
| Detail | Published value | Article | Published |
|---|---|---|---|
| Interest rate | Fixed APY locked in for the full term (commonly 3 months to 5 years) | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
| Access to money | Funds are tied up until the maturity date | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
| Penalties | Early withdrawal penalty, often a set number of months' interest; no-penalty CDs exist but usually pay less | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
| Rate certainty | High—your rate stays the same even if market rates drop | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
| Minimum deposit | Varies from $0 to $1,000+; jumbo CDs require much more | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
| Safety | Same FDIC or NCUA insurance limits as savings accounts at insured institutions | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
| Best for | Money you won't need until a known date, and locking in a rate before rates fall | High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026? | October 6, 2026 |
Comparisons featuring Certificate of Deposit (CD)
- High-Yield Savings Account vs CD: Where Should Your Cash Go in 2026?
We compare interest rates, flexibility, early-withdrawal penalties, rate changes, safety, and best uses so you can park your emergency fund and short-term savings in the right place.
Published October 6, 2026