Smart CD Strategies for 2025: Expert Tips and Pitfalls to Avoid

With interest rates still favorable for savers, now is a good time to consider opening a long-term certificate of deposit (CD) before 2025. To maximize returns, monitor the rate climate, shop around for the best lender offers, consider long-term accounts to lock in current rates, and only deposit funds you can afford to keep locked away to avoid early withdrawal penalties. Despite recent economic volatility, CDs remain a smart option for predictable earnings.