Over the past few years, the Federal Reserve has raised, and then kept, interest rates high to battle inflation. While this has led to higher costs for borrowers, it has been welcome news for savers — ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

Certificates of deposit (CDs) earn fixed interest until maturity, but then what? Find out what happens when a CD matures and ...

Focus on CDs for cash reserves, use a CD ladder and compare rates. But don’t lose sight of a CD’s purpose. This page includes information about these cards, currently unavailable on NerdWallet. The ...

Pros of Using a Certificate of Deposit for Savings There are several reasons why you may consider using a CD for managing your savings goals. Here are some of the main benefits or advantages of saving ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

What is a CD loan? Learn what it is and how you can use your certificate of deposit as collateral. See the benefits, potential drawbacks and how to apply.