Difference Between Cd And Savings Account

When it comes to saving money, there are a few different options available to you. Two popular choices are a certificate of deposit (CD) and a savings account. Both have their pros and cons, so it can be difficult to decide which is the best option for you. Here is a look at the key differences between CDs and savings accounts:

Interest Rate: One of the biggest differences between CDs and savings accounts is the interest rate. CDs offer a fixed interest rate, which means that the rate will not change over the life of the CD. Savings accounts, on …