Top CD rates today: Dec. 6, 2023 — It’s still a good time to lock in a fixed APY now
Certificate of deposit (CD) rates are currently high at competitive banks, thanks to the Federal Reserve’s key benchmark borrowing rate sitting at a 22-year high. When the Fed hikes rates, many banks follow suit by increasing annual percentage yields (APYs) on deposit accounts.
3 ways to take advantage of high CD rates
Yields on many deposit accounts are currently the highest they’ve been in years, and various savings accounts and certificates of deposit (CDs) are even earning yields that are outpacing inflation. Many savers are seizing the day by putting money into CDs with high guaranteed rates while yields remain high.
Historical CD interest rates: 1984-2023
After 11 Federal Reserve rate increases and declining inflation, CDs are once again an investment to consider in 2023.
Can you deposit cash at an ATM?
If you’re wondering if you can deposit cash at an ATM, the answer is yes, you can, but not all ATMs accept cash.
Give yourself the gift of a higher-yielding savings account this holiday season
This holiday season, chances are you’ll be buying gifts for others. But you should also give yourself a gift that will reward your bank account in this current high interest rate environment. After 11 Federal Reserve rate increases – with some banks aggressively seeking out new accounts – ’tis the season for savers.
Top CD rates today: Dec. 1, 2023 — Leaders offering more than 5%
Yields on certificates of deposit (CDs) remain high, following 11 rate hikes by the Federal Reserve since March of 2022.
How to save money: 13 easy tips
If you’re struggling to save money, you’re not alone. According to Bankrate data, less than half of Americans have enough emergency savings to cover at least three months’ worth of expenses. While 57 percent of adults said they’re uncomfortable with the amount of emergency savings they have, 22 percent of adults reported having no emergency…
30-day savings rule: Here’s how it helps to control impulse spending
A simple yet effective strategy, the 30-day savings rule is something anyone can implement in their financial routine to help curb impulsive spending.
Top CD rates today: Nov. 28, 2023 — Rates up to 5.75%
Certificate of deposit (CD) yields remain high, following 11 rate hikes by the Federal Reserve since the spring of 2022.
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The average cost of a vacation: Transportation, food, entertainment and more
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