David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less.

Certificates of deposit (CD) accounts have spiked in popularity in recent years among savers seeking to take advantage of a sharp rise in their yields. According to January 2022 data from the ...

Interest is compounded daily and is credited monthly. You can withdraw interest earned at any time during your CD term without penalty. CDs automatically renew at maturity. Synchrony customers ...

Business Insider's personal finance team compared Ally Bank CD rates to the best CD rates and found them to be above average. Ally Bank (Member FDIC) is known for operating entirely online.

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...

A certificate of deposit, or CD, lets you lock in an interest rate for a fixed amount of time. This guaranteed rate can provide you with a sense of security, but the flip side of that coin is that ...

While streaming and vinyl may be the formats grabbing headlines these days, let's not forget that many of us still stand by our CD collection. Streaming is more convenient and affordable, but there's ...

Vinyl and streaming may grab all the headlines, but CDs are still going strong – in fact, CD sales have seen an uptick in recent years, which is always good news to fans of physical formats. Whether ...

Business Insider's personal finance team compared PNC CD rates to the best CD rates and found them to be a standard offering. Its promotional CDs can offer good rates depending on where you live ...

For many savers, though, finding the right CD strategy is key to maximizing the returns — particularly if you want your CDs to deliver over the long haul. Compare today's top CD account rates ...

Certificate of deposit accounts (CD accounts) operate similarly to high-yield savings accounts in some ways, but the two have some very important differences. What is a high-yield savings account ...