Savings Rates Are Dropping -- But This CFP Doesn't Recommend This Type of CD

Now that the Federal Reserve has made its first rate cut, N'Jie-Konte is more open to CDs if they fit with your savings goals -- but only in certain scenarios.. There's one type of CD she's not on ... Read More

Here's Why This CFP Doesn't Recommend Long-Term CDs

ChatGPT 3.5 Review: First Doesn't Mean Best ... Here's Why This CFP Doesn't Recommend Long-Term CDs ... Even though CD rates are dropping, this CFP warns against locking your money up for too long. Read More

Banks Are Paying Over 4% APY on Long-Term CDs Before Rates Drop. Worth It? - Business Insider

See if it's worth opening a long-term CD before rates drop below 4% APY, or if an alternative option may be a better fit for your financial plan. Business Insider Subscribe Newsletters ... Read More

No-Penalty CD Vs. Savings Account: Which Is Better for You? - Business Insider

We compare no-penalty CD and savings account interest rates and accessibility so you can find out which is the best account option for your savings. Business Insider Subscribe Newsletters ... Read More

Best CD rates today: Rates are dropping, yet you can still lock in up to 4.65% APY — Oct. 15, 2024 - AOL

Unlike a savings account, CD rates are fixed, meaning they won’t change over the life of your term. Minimum deposit. While you can find CDs without minimum starting deposits, some CDs require ... Read More

What are today's CD interest rates? - CBS News

Depending on your CD type, terms and other details, there's a varying range of CD rates you can qualify for today. The following CD rates are the current national averages for specific terms as of ... Read More

Is a high-yield savings account worth it in today's economy? Here's what savings experts think.

High-yield savings accounts can still be worth it in today's economic climate, especially compared to traditional savings accounts. While rates are a bit lower than they were a year or two ago, ... Read More

Here's Where One CFP Recommends Stashing Your Savings Right Now

N'Jie-Konte isn't ruling out future CD rate increases. And even if rates have peaked, she thinks a high-yield savings account is a better bet right now. “One thing I'm discouraging folks to do ... Read More

CD Rates Are Already Dropping. Should You Lock in a High APY While You Still Can? - The Motley Fool

CD rates are already starting to fall at several big banks. Here's why now might be a smart time to lock in a high APY while they're still available. Read More