CDs are a low-risk investment option that allows your money to grow at a fixed interest rate over a specific period. If ...

On this week’s Money Matters Monday, we tackle a financial topic that often gets overlooked: Certificates of Deposit, or CDs. A viewer, Jan, sent in a question asking: “If I do a six-month CD at 4.3% ...

Discover how annual percentage yield (APY) impacts your CD investments and learn to compare rates for maximizing returns, with tips on calculating and understanding APY.

Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

A certificate of deposit can give you some much-needed security in an economy that feels anything but certain. Your CD rate is fixed when you open the account, so your returns are guaranteed for the ...

At a time when we’re all looking for ways to make our savings work harder, understanding interest rates and the concept of compounding has never been more important. Here’s a quick overview of how ...

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...