Author Topic: Question for CD Nerds.  (Read 880 times)


  • Pencil Stache
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Question for CD Nerds.
« on: March 27, 2023, 11:19:17 AM »
Forgive if this has already been asked.  I'm new to CDs.

My assumption is the same CDs are offered at Vanguard, Schwab and Fidelity.  Do you find that one institution has different ones, wider selection, etc.?

Another thing - I rarely find a comprehensive list of CD offerings listed on public websites. Is there any reliable place to look at CD (without having to sign into your account all the time to look at them)?  I found "Bankrate" but it doesn't seem very comprehensive.  The best CD's I've found seem to be listed in my account sites.


  • Bristles
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  • FIRE'd 2018
Re: Question for CD Nerds.
« Reply #1 on: March 28, 2023, 06:48:06 AM »
Fidelity only offers brokered CDs AFAIK. You can try to sell them on a secondary market like bonds if you can't wait till maturity. Note each offering may or may not be called back (early maturity) on a schedule if they no longer like your rate. Callable have better rates, typically. If I am buying a CD, I prefer non-callable. The interest is paid out periodically into your cash holdings. They claim they are covered by FDIC, maybe indirectly, IDK. I have had several over the years and no problems.


  • Pencil Stache
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Re: Question for CD Nerds.
« Reply #2 on: March 28, 2023, 08:10:46 AM »
Maybe try Nerd Wallet to look at rates. There are FDIC insured savings accounts paying 4.25% right now, so depending on how liquid you want the money to be, you may just park it in one of those (unless my assumptions are wrong, I believe they compound the same as CDs). There are CDs paying 5% but those funds would be tied up.


  • Walrus Stache
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Re: Question for CD Nerds.
« Reply #3 on: March 28, 2023, 08:25:38 AM »
On TD Ameritrade I can browse CDs from all over the US, sort them by maturity data or YTM, etc.


  • Handlebar Stache
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  • Handlebar Stache
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Re: Question for CD Nerds.
« Reply #5 on: March 28, 2023, 12:29:14 PM »
Be sure to check the details if there is a possibility of early withdrawal.  A very few impose no penalty. Some impose two months of interest; some six months, often depending on the term of the CD.  You are essentially entering into a contract when you buy a CD and are bound by the terms set forth.