There was a time when long-term CDs offered the highest rates, but that's changed over the past few years. An unpredictable rate climate (among other things) has led banks and credit unions to offer ...
Short-term investing in a time when inflation is on the rise and interest rates could change requires nimble decisions that involve a basic understanding of both the economy and the multiple ...
6-month CDs offer some of the highest APYs right now, but rates may be lower six months from now. 5-year CDs have lower APYs, but locking in today's rates for years may be a smart call. High-yield ...
Getting that first $1,000 in investable savings is a good milestone. But now what? Where's the best place to put that money so it continues to grow for you? With interest rates so great right now, a ...
A $20,000 investment in a 6-month CD could earn you about $460 if you got the best rates available now. A CD is a smart investment for people who want to keep a large sum of cash safe while earning a ...
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 ...
Short-term, 6-month certificate of deposit yields are down 29 basis points in the past year to an average of just 1.51% APY, according to the latest government data. But banks and credit unions ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Certificates of deposit (CDs) have become a popular safe haven for retirees. But with the Federal Reserve already cutting interest rates, today's CD yields may not last. Retirees who want to protect ...
CDs are great in times of uncertainty. You can lock in guaranteed returns and score some top interest rates right now -- although there's chatter that we could see cuts later this year. Looking for a ...