Many CDs pay attractive interest rates. Here are some ways to take advantage of these yields.
In the current high interest rate environment, it's easy to find certificates of deposit paying 4%-5% annual percentage yields , if not more, depending on factors such as CD duration. Given the potential to earn a substantial, guaranteed return on your investment with these CD interest rates, you probably want to think strategically about how to optimize your CD choices.
This gives you the opportunity to access some portion of your funds regularly—say, every three months—without penalty, allowing you to address accessibility for emergencies while capitalizing on higher yields with less risk,' explains Jennifer White, senior director, banking and payments intelligence at J.D. Power.Search for promotions/special ratesAs part of shopping around for the best rates, also look for incentives that can make the base CD rate even more attractive.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The 14 best 2-year CD rates right nowIt's a great time to take advantage of the high APYs being offered on the top 2-year CDs.
Les mer »
Big Banks Are Making Huge Profits Off Today’s Savings Rates—Are You?High-yield savings accounts offer interest rates that often 10 times the national average.
Les mer »
Today’s mortgage rates edge down for 30-year terms while 15-year terms slightly increaseMortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Les mer »
Today’s mortgage rates for edge down for 15- and 30-year termsMortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Les mer »
Higher-for-longer interest rates challenge banks as mixed Q3 earnings stack upA common theme across the sector during this earnings season is that higher interest rates will weaken demand for loans, analyst notes
Les mer »
This week's personal loan interest rates lower for 3-year loansThe latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Les mer »