Advertisement

Should You Get a CD Before the End of 2022?

Should You Get a CD Before the End of 2022?

A certificate of deposit (CD) is one option you may not have considered. Certificates of deposit (CDs) enable you to earn a high rate of interest on your savings, but you must promise not to touch your money for a certain amount of time, known as the CD term. Generally, longer-term CDs have higher interest rates, but sometimes banks offer special promotional rates on some shorter-term CDs.