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A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with accurate ...

-0.40 percentage point (40 basis points). See methodology details Medians, or midpoints, consist of APYs of CDs or share certificates collected from the websites of the following 21 financial ...

Certificates of deposit (CDs) have different rules than other types of accounts Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Got a large amount of money to deposit? A jumbo CD might be for you. Today's best ...

Spencer Tierney is a consumer banking writer at NerdWallet. He has covered personal finance since 2013, with a focus on certificates of deposit and other banking-related topics. His work has been ...