There are lots of great short-term CD options to consider this month thanks to today's high-rate environment.
Searching for a short-term CD with competitive yields? These three-month CDs are a great place to start.
When should you get a 3-month CD? Whether a three-month CD is right for you depends on your own financial situation and goals. Due to its short term, a three-month CD could be a good investment for those who want the money freed up soon for planned purchases or to invest elsewhere....
If you have a large savings that you want to keep safe for a short-term goal, Popular Direct's three-month CD is a good place to park it. A 4.45% APY on a $10,000 balance would net you nearly $109.44 in interest earnings alone over just three months. CD terms offered 3 months,...
Want to lock in a great CD rate for a longer term? We rank the top 15 or more APYs daily in every major CD term. You can find those here: Best 3-Month CD Rates Best 1-Year CD Rates Best 18-Month CD Rates Best 2-Year CD Rates ...
For example, if you want to save up for a down payment on a home in a few years, consider a longer-term CD like a three- or five-year option and then look at what banks offer rate-wise for those specific CD terms. Shorter CD terms, such as three to six-month CDs, are a good...
Is a 1-Year CD Right for You? "We got two 1-year CDs because the interest rates were better than what we were earning on our savings accounts. It was very simple to sign up and only took a few minutes at the bank. The time frame for the CD was good; short-term worked for us...
Check out the best CD rates today at top online banks and credit unions. The highest certificate of deposit rates are above 4%.
Term 3 months - 5 years Why Ally Bank? Ally Bank offers seven terms of regular CDs. They range from a three-month CD to a five-year CD. Pros and cons Rate history for Ally Bank's CD accounts Current Ally Bank CD Rates Read review Discover Bank Rating: 4.5 stars out of 5 ...
However, the national average interest rate for savings accounts is just 0.46%, while our no-penalty CD picks offer up to 5% APY. However, high-yield savings accounts can have similar or higher interest rates and be appealing for short-term savings. Pros and Cons of No-Penalty CDs While ...