If you’ve ever looked for ways to earn more on your savings, you may have come across the term “high-yield savings account” ...

Anyone looking for a safe place to stash their money and generate returns may consider a term deposit. But what is a term deposit, and how does it work? Here’s a closer look. A term deposit is a ...

A term deposit is a deposit account held at a financial institution. The money is locked up for a specific period in exchange for an interest rate. A financial advisor can help you compare different ...

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.

A deposit account is a banking product that allows you to store and access your money safely. Four common types of deposit accounts are checking accounts, savings accounts, money market accounts and ...