With comparable rates, savers should calculate the interest-earning opportunity on both before getting started now.

High-yield savings accounts can still be worth it in today's economic climate, especially compared to traditional savings ...

With promotional 6- and 8-month CD terms currently available, customers in Boca Raton, Fla. are eligible for Ocean Bank’s highest available CD rate for a 6-month term at 4.80% APY. There is a $2,500 ...

Additionally, because short-term CDs don't give your deposit a lot of time to compound any interest it earns, you run the risk of depositing too little money to generate a significant return.

A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...

Financial sector regulators warn of potential pressure on banks' net interest margin and credit growth due to economic ...

Germany has an international reputation as a nation of savers. We take a look at whether the financial products on offer in ...

Traditional CDs: require you to deposit funds for a set term in exchange for a fixed APY; Jumbo CDs: requires a larger opening deposit – often $100,000 or more – and usually comes with higher APYs ...

Like other deposit accounts, CDs are insured by the Federal Deposit Insurance ... longer-term CDs offer the best CD rates as a trade-off for leaving your funds locked up in an account. Short-Term CDs.

A checking account is a common demand deposit account. S&P 500 +---% | Stock Advisor + ... A demand deposit is different from a term deposit (sometimes referred to as a time deposit).

While demand deposit accounts let you withdraw money at any time, time deposit accounts require a maturity period before you can withdraw funds. The most popular type of timed deposit account is a ...

Both accounts offer attractive returns for savers if opened now. Here's what the interest earnings could look like.