Promotional CDs often have higher rates than standard CDs. Promotional CDs may come in irregular term lengths, such as 21 months instead of the standard 24 months. Financial institutions commonly ...

A bump-up CD allows you to increase your interest rate one or more times during the CD’s term if rates rise, typically on 2-3 ...

A step-up certificate of deposit, or “step-up CD,” is a variable interest deposit product where the rate of interest gradually increases over the term of the certificate. Eventually, the certificate ...