Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

A term deposit or time deposit is a fixed-period investment option wherein the maturity period ranges from a few months to five years. Fixed deposits are deposits or a period of a few days to 10 years ...

Like banks, many types of schemes are run in post offices also. Fixed deposit is also one of them. This is called post office time deposit. The maximum interest available in this is 7.5%. But if you ...

A direct deposit was an added perk offered by banks back in the day, but it has become a default option for most users. When paper checks were the norm, people often wanted to know what day a ...

Inc. announces the launch of its latest offering, “Bank on Eight,” a promotional interest rate of 8% per annum available to clients with Time Deposit placements of at least P1 million for a minimum of ...

Demand deposit accounts allow immediate money access and are FDIC or NCUA insured up to $250,000. Interest rates on demand deposits are low, reflecting their high liquidity and immediate access ...

Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.