Considering a five-figure deposit into one of these two accounts? You may be surprised by which one earns more now.

Not sure if a $20,000 CD account makes sense to open this July? Here are three reasons why it could be a smart pick.

Here's what you need to know about how the Fed's latest decision affects your savings and what you should do now to make the most of it. Read more:The Fed's Interest Rate Decision ...

Both accounts offer attractive returns for savers if opened now. Here's what the interest earnings could look like.

No ongoing contributions. Unlike savings accounts, you can’t add more money to a no-penalty CD once it’s opened. Your initial deposit is all you can put in.

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You can start the switch by simply comparing high-yield savings accounts. Look for one with an APY of at least 3.60%, no ...

Certificates of deposit: If you can afford to lock your money up for a fixed period of time (eg, 6 months, 18 months, 1 year, 3 years, etc.) FDIC-insured banks will offer you a higher return in a CD.

High-yield savings accounts offer flexibility and access, while certificates of deposit can offer higher interest rates. Compare HYSAs and CDs to find the best for your budget.

10 Best 2-Year CD Rates of 2024 2-year Certificate of Deposit Overview A certificate of deposit (CD) is an alternative type of savings account offering a guaranteed interest rate for a set amount ...

Depending on your CD’s term and how early you withdraw cash from your account, that penalty could range anywhere from 30% to 100% of your dividend earnings.

Short-Term CD Rates in Michigan Short-term CDs usually last between three and 12 months, though the options on our list have terms starting at just seven days. Because banks only have to guarantee ...