Learn personal and professional finance terms to keep you in the know

Certificate of Deposit

Certificate of Deposit

A type of savings account that pays a fixed interest rate on money held for an agreed-upon period of time. Certificate of deposit (CD) interest rates are usually higher than traditional savings accounts, but you lose withdrawal flexibility since withdrawing CD funds early result in penalty charges.

CDs come in a variety of lengths from 3-, 6-, or 12-months to 4-, 5-, and even 10-year terms.

Ready to step into a brighter financial future?

Experience the freedom of worry-free finances. Understand where your money goes and your cash flows. Track your progress toward financial goals. See a consolidated view of your financial landscape. Start your free trial today for a stress-free financial future.

Get Started Now

Ready to step into a brighter financial future?

Experience the freedom of worry-free finances. Understand where your money goes and your cash flows. Track your progress toward financial goals. See a consolidated view of your financial landscape. Start your free trial today for a stress-free financial future.

Get Started Now

Ready to step into a brighter financial future?

Experience the freedom of worry-free finances. Understand where your money goes and your cash flows. Track your progress toward financial goals. See a consolidated view of your financial landscape. Start your free trial today for a stress-free financial future.

Get Started Now

Ready to step into a brighter financial future?

Experience the freedom of worry-free finances. Understand where your money goes and your cash flows. Track your progress toward financial goals. See a consolidated view of your financial landscape. Start your free trial today for a stress-free financial future.

Get Started Now

© Copyright 2024. All Rights Reserved by Fruition.

* Discount offer cannot be combined with other offers. Valid for monthly or yearly plans. Redeemable on web checkout only; not redeemable
on the Fruition mobile app. The promo code may expire or be deactivated at any time.

© Copyright 2024. All Rights Reserved by Fruition.

* Discount offer cannot be combined with other offers. Valid for monthly or yearly plans. Redeemable on web checkout only; not redeemable on the Fruition mobile app. The promo code may expire or be deactivated at any time.

© Copyright 2024. All Rights Reserved by Fruition.

* Discount offer cannot be combined with other offers. Valid for monthly or yearly plans. Redeemable on web checkout only; not redeemable
on the Fruition mobile app. The promo code may expire or be deactivated at any time.

© Copyright 2024. All Rights Reserved by Fruition.

* Discount offer cannot be combined with other offers. Valid for monthly or yearly plans. Redeemable on web checkout only; not redeemable on the Fruition mobile app. The promo code may expire or be deactivated at any time.