Spencer Tierney

The future direction of CD rates depends on Fed rate changes, among other factors. See the latest indicators of where CD rates are going.

When the Federal Reserve changes its interest rate, banks tend to follow when setting their annual percentage yields on new certificates of deposit, or CDs. See how it works.

An ACH transfer is an electronic bank transfer that's cheaper and slower than a wire transfer. Examples of ACH payments include direct deposits, e-bills and P2P payments.

Promotional CD rates, or CD specials, are available at some banks. Learn more about them and how they compare with other rates.

The best 12-month CDs are federally insured and offer fixed interest rates. Online banks dominate NerdWallet's list.

See if your bank is part of FedNow, the Federal Reserve’s real-time payment network.

The amount to put into CDs depends on your existing savings, but also figure out the minimum return to make CDs worthwhile.

A certificate of deposit, or CD, is a type of savings account with a fixed interest rate usually higher than a regular savings account's rate.

You can use wire transfers to send large sums from your bank account to another but fees can be high. See what your bank charges and if a cheaper option is better for you.

A jumbo certificate of deposit usually has a higher minimum than a regular CD, but jumbo CDs typically don’t have the best rates.