# @nerdwallet on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/ClRVo3WOFd8
- **Gondola URL:** https://gondola.cc/posts/78883487-nerdwallet-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/eb140237ce.jpg
- **Posted:** 2022-11-22T17:03:17.000+00:00
- **Account Owner:** NerdWallet (@nerdwallet) — https://gondola.cc/nerdwallet

## Caption

Certificates of deposit are in the financial spotlight this year. The best CD rates are higher than 4% annual percentage yield even for one-year terms, which is worlds better than they were years and even months ago.⁠
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Opening a CD requires you to choose a specific length of time for a bank to hold an upfront amount of money. In return, you tend to earn more interest than other bank accounts while having the same protections, including federal deposit insurance.⁠
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Safety is what CDs are typically known for, and higher rates may sweeten the deal so that more people consider these bank accounts. Here’s a closer look at what they are.⁠
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Head to the link in bio for more. ⁠
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#savingsaccount #finance #financialplanning #interestrates ⁠
#money

## Stats

- **Views:** 0
- **Likes:** 174
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- **Comments:** 5

## Credits

No public credits are recorded here. This does not identify who made the post.

## Tags

money, finance, interestrates, savingsaccount, financialplanning

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