CD Interest Calculator
Calculate returns on your Certificate of Deposit investment with compound interest
Understanding CD Investments
A Certificate of Deposit (CD) is a secure investment vehicle that offers guaranteed returns over a fixed period. Here's what makes CDs special:
Key Benefits
✓ Guaranteed Returns: Unlike stocks or bonds, CDs offer a fixed interest rate
✓ FDIC Insurance: Up to $250,000 is federally insured
✓ Higher Rates: Generally better interest rates than regular savings accounts
How Interest Works
CDs earn compound interest, meaning you earn interest not only on your initial deposit but also on previously accumulated interest. The frequency of compounding (daily, monthly, or annually) can significantly impact your total returns.