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Certificates of deposit (CDs) offer a higher rate on your savings in exchange for agreeing to leave your funds deposited for a certain period of time. CDs are available in both short and longer terms, but you'll generally earn the best CD rates from top issuers with terms of five years or more.
At The Motley Fool Ascent, certificates of deposit (CDs) are rated on a scale of one to five stars, primarily focusing on annual percentage yield (APY) and early withdrawal penalty fees. Our highest-rated CDs generally include competitive APYs without complex qualification tiers, low withdrawal fees, reliable brand trust and reputation, and ease of use.
Learn more about how The Motley Fool Ascent rates bank accounts.
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