Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money If you want to know how to open a CD account but aren’t sure where to start, read on. This article covers the basics of ...

To open a certificate of deposit (CD), you'll need to choose a provider, pick a type of CD, choose a provider, and apply. Learn other steps for how to open a CD.

5. Fund your CD. Now it’s time to fund your CD. Keep in mind that unless you’re opening an add-on CD, you’ll only be able to deposit money into your new CD account once.

Learn how to open a CD with a few steps and tips. You'll want to consider what your goals are and when you think you'll need the money to choose the right CD term.

Farrar notes that with the best CD rates currently available on shorter terms, keeping your money locked in a CD may not be as much of a concern as it used to be. But if you're concerned about not ...