A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with accurate ...

If you want to boost your savings while keeping your financial portfolio safe, a brokered CD might be worth considering. A brokered CD is bought through a brokerage firm rather than a bank. It offers ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Discover Bank products are no longer available through this site, and content may be out of date A certificate of deposit, or CD, lets you lock in an interest rate for a fixed amount of time. This ...