A $15,000 CD can still be opened with a high rate now, earning savers substantial interest earnings over time.

Auto-renewing a CD is convenient, but it may be a good idea to compare rates and consider alternative options.

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...

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.

The Federal Reserve kept interest rates steady in its June meeting, which means CD rates aren't likely to drop overnight -- but they may start slipping soon. Many experts still expect the Fed to lower ...