The pros and cons of CD investing
Certificates of deposit offer peace of mind, but they’re not without some drawbacks.
7 min read
Aug 27, 2025
Libby Wells
Former Contributing writer, Credit Cards
Libby Wells is a former part-time editor at Bankrate. Previously, she was Bankrate's chief copy editor and a credit card reporter. Libby spent most of her career as a newspaper journalist and has more than 30 years of experience as a writer and editor.
Libby's latest articles
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Brick-and-mortar banks vs. online banks: Pros and cons
Keeping your savings in a bank down the street may seem like the obvious play, but there may be real downsides for doing so.
7 min read Aug 20, 2025 -
What you should (and shouldn’t) store in a safe deposit box
Some items are good candidates for storage in a safe deposit box, but others aren’t.
6 min read Aug 05, 2025 -
What’s the difference between a cashier’s check and a money order?
Cashier’s checks and money orders are similar. Here’s when to use one instead of the other.
4 min read Jul 21, 2025 -
8 types of savings accounts: Where to save your money
The best account to save your money will vary by your goal.
9 min read Jun 27, 2025 -
What is a good credit score to buy a house?
The higher your credit score, the lower the mortgage rate you’ll qualify for.
7 min read Jun 26, 2025 -
6 top tips for choosing the best CD for your money
CDs can be a useful tool to save, but make sure to shop around for the right kind and bank for you.
5 min read Jun 24, 2025 -
Pros and cons of credit unions
Evaluate the benefits and drawbacks to decide if a credit union is right for you.
4 min read Jun 16, 2025
