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Zero-Coupon CD

A certificate of deposit (CD) that can be purchased at a deep discount to its par value. At maturity, its holder can...

Add-on CD

A certificate of deposit (CD) that allows its holder, and contrary to most types of CDs, to deposit more money into the...

No-Penalty CD

A certificate of deposit (CD) that allows its holder (the depositor) to early withdraw the funds, partially or wholly, before maturity of...

Liquid CD

A certificate of deposit (CD) that allow its holder to withdraw his/ her money before its maturity date (end of its term)...

High-Yield CD

A certificate of deposit (CD) that offers higher interest rates than usual types of certificates available in the market. These CDs are...

CD Rate

The interest rate on a certificate of deposit (CD). It is the rate paid by a bank to depositors for funds locked...

Callable CD

A certificate of deposit (CD) (a time deposit) that pays its holder a fixed interest rate over its lifespan, and at the same...

Bump-Up CD

A certificate of deposit (CD) that gives the owner (holder) the right to increase (bump up) its yield one time over the tenure (term)...

Step-Down CD

A certificate of deposit (CD) that provides its holder (account holder) with a high introductory rate that, later on, steps...

Step-Up CD

A certificate of deposit (CD) that allows the holder (depositor) to lock in an interest rate for a specific number...