Banks Compete with High-Yield Offers to Attract Savers

With the Federal Reserve holding steady on rates, financial institutions are enticing customers with lucrative savings and CD options.

Top savings accounts and CDs are offering rates up to 9.50% APY.
Online banks and credit unions often provide the best rates due to lower overhead costs.
No-penalty CDs allow withdrawals without fees, offering flexibility with high returns.
High-yield checking accounts can also yield substantial interest on everyday balances.
Reading the fine print is crucial to fully benefit from these high-interest offers.