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What is an add-on CD?

An add-on certificate of deposit (CD) is a specialty CD that allows you to earn some interest with minimal risk, with a key benefit being the ability to add more money after you’ve opened the account.
Following the Federal Reserve’s recent moves to cut short-term interest rates, yields on certificates of deposit have been falling. But because the Fed is likely to keep lowering rates — Kiplinger ...
When it comes to saving money and earning interest on your savings, financial institutions have multiple options that suit ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Guaranteed returns with a CD might not be flashy. But they beat earning nothing. Here's why now is a smart time to consider a ...
The APYs for CDs and high-yield savings accounts have increased quite a bit ever since the Federal Reserve started to hike ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. To ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...
As your CD matures, one wrong move could leave you stuck with a low rate for months or years. Here’s how to keep your ...