A CD provides the safety of a savings account, but it can offer a higher fixed interest rate. That said, you need to be willing to commit your cash for a specific period of time.
But most of its terms are well below the best CD rates available. Annual percentage yields and account details are accurate as of Nov. 1, 2024, and could differ depending on your location.
On a nine-month TD Choice Promotional CD, the rate ranges from 1.00% to 4.25%, the first is the standard rate and the higher rate is the bump rate. You can get CDs ranging from three months to ...