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CD Accounts

A CD account, also known as a certificate of deposit account, is a type of savings account that offers a higher interest rate in exchange for keeping a certain amount of money on deposit for a fixed period of time. CD accounts typically have a fixed interest rate and a fixed term, which can range from a few months to several years. Continue Reading Below

    Related Topics

    • Checking Accounts
    • Money Market Accounts
    • Savings Accounts
    • Specific Types of Bank Accounts