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  2. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    A closer look at how CDs work, ... Rates for six-month CDs can outpace the average bank account, and longer terms offer rates comparable to high-yield accounts. Drawbacks of a CD.

  3. How do CDs work? - AOL

    www.aol.com/finance/cds-212435091.html

    A CD is a time deposit account, so you’re making a commitment to keep your money in the CD for a set length of time. If you want to take money out of your CD before it matures, you’ll pay an ...

  4. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. CDs typically require a minimum deposit, and may offer ...

  5. How Does a Certificate of Deposit (CD) Work? - AOL

    www.aol.com/news/does-certificate-deposit-cd...

    A certificate of deposit, or CD, can help you get more interest from your idle cash. A certificate of deposit, also known as a CD, is a type of bank account that involves placing a deposit with a ...

  6. High-yield savings accounts vs. CDs: Which is best for ... - AOL

    www.aol.com/finance/high-yield-savings-account...

    Rates for 12-month CDs can outpace the average bank account, and longer terms offering predictable payouts no matter how far rates drop. Drawbacks of a CD. Withdrawal penalties.

  7. 5 things to know before opening a CD - AOL

    www.aol.com/finance/5-things-know-opening-cd...

    The maturity date is simply the end date of the term — when the account holder can withdraw the total balance, including earnings. ... If rates increase, you can ask the bank to increase your CD ...

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