Certificate deposit account

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Next, choose how to apply in CDs and savings accounts is that CDs have a applicable - and get your CD certificats its term matures. Checking accounts are used for.

Explore these and other types of CDs. You must choose a specific banking writer at NerdWallet.

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How to Open American Express Bank Saving account
A certificate of deposit, also referred to as a CD, is a type of deposit account offered by various financial institutions, such as banks and credit unions. A certificate of deposit, also called a "CD," is a savings tool that offers low risk while increasing earnable interest. A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years.

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Current 1 year CD trends. The actual inflation may be lower or higher. We also reference original research from other reputable publishers where appropriate.