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— Justin, K. Austin, TX
FAQs
What is a Certificate of Deposit (CD)?
A CD is a type of savings account that offers a significantly higher interest rate than traditional savings accounts, allowing your money to grow faster over time. It’s typically offered by online banks and is ideal for safely earning interest while agreeing to keep your money in the account for a specified period of time.
Is my money safe?
Yes, your money is safe in CD account as long as it’s held at an FDIC-insured bank or NCUA-insured credit union. These institutions insure your deposits up to $250,000 per account holder, per institution, providing strong protection against bank failure.
Who is MyBankFinder?
MyBankFinder is an independent resource for shopping and comparing bank accounts, our financial experts analyze deposit rates from all over the nation to list the top banks for our visitors to compare easily.
Are there any fees?
MyBankFinder takes pride in only choosing banking products that have zero fees, always. Banking will always be free (as it should be) when selecting through us!
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Meet our team
Our comprehensive suite of financial professionals caters to a diverse team, ranging from seasoned planners to renowned researchers.
Francis Piovani
Founder, CEO
Rhye Moore
Lead Rate Watcher
Helga Steiner
Financial Analyst
Ivan Lawrence
CTO
Don’t want to lock in your money? A high-yield savings account may be right for you
As Seen In
Advertising Disclosure: Many of the offers appearing on this site are from advertisers in which this website receives compensation for being listed here. This compensation may impact how and where the products appear on this site (for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield). Rates/Annual Percentage Yield terms above are current as of the indicated date. These quotes are from banks/credit unions/thrifts some of which paid for a link to their website. Banks, credit unions, and thrifts are member FDIC or NCUA. Contact the financial institutions for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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