Particle.news
Download on the App Store
2 ARTICLES
·
last yr.

Maximize Savings with High-Yield Accounts and CDs

With interest rates at historic highs, now is the time to consider high-yield savings accounts and short-term CDs for better returns.

Image
Image

Overview

  • High-yield savings accounts offer rates up to 5.55% APY, significantly above traditional accounts.
  • Short-term CDs can provide even higher yields, with some offering rates above 5.65%.
  • The Federal Reserve's current rate policies make it an opportune moment to lock in these high returns.
  • Short-term CDs offer flexibility to reinvest if rates increase further.
  • Both high-yield savings accounts and CDs are FDIC-insured, ensuring the safety of your deposits.