There are several advantageous features of a certificate of deposit (CD) account , especially in today's uncertain economic environment. CDs come with fixed interest rates that won't change even if market conditions do. And those rates are exponentially higher than what savers are otherwise earning with traditional savings accounts right now. Savers will also rest assured knowing that their CD account is FDIC-insured up to $250,000, adding another layer of protection that many will find helpful