If you hope to earn high interest on money you set aside in a certificate of deposit (CD), you’ll want to consider opening an account soon. CD rates have been slowly decreasing since late 2024 ...

A no-penalty CD is a type of certificate of deposit that charges no fee for withdrawing money before the term expires. You usually must withdraw the full balance at once.

A no-penalty certificate of deposit, also known as a liquid CD, allows investors to make early withdrawals without paying a penalty. But it also pays lower interest rates.

Certificates of deposit (CDs) offer more security and predictability than most with higher interest rates. Learn more here.