CD interest rates may have dropped in 2025, but competitive options are still available as we approach the new year.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

A so-called CD “maturity tsunami” — a phrase recently coined by writer and banking consultant James White — is fast ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

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 ...

Interest rates for certificates of deposit have soared in recent years along with rates for savings accounts, mortgages and other financial products. But not all CDs are created equal.

Christy Bieber has been a personal finance and legal writer since 2008. She has been published by WSJ Buy Side, Forbes Advisor, Miami Herald, CNN Underscored, Insurify, Credit Karma, USA Today, MSN ...

The days of earning 5% or more on nearly risk-free certificates of deposit (CDs) are coming to an end, but for some, they could be ending even sooner than expected as banks and other financial ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Savers, take note: Your options for high-yielding certificates of deposit (CDs) are getting fewer by the day. What's more, high-yield savings and money market accounts – variable rate deposit accounts ...

Most CDs come with early withdrawal penalties that can wipe out some or all of your earnings. Financial emergencies and better opportunities can justify cashing in your CD early. Don't sleep on ...

You earned interest on a certificate of deposit (CD) and wonder if it’s taxable. In short, yes. It’s considered ordinary income and taxed at your federal income tax rate. Read on to learn more about ...