Maximize Your Savings with Today's Top CD and High-Yield Accounts

Current rates offer lucrative returns, but experts advise acting now before potential rate cuts.

CD rates are holding steady with top offers between 5.40% and 5.65% APY for terms up to 15 months.
High-yield savings accounts are providing over 5.00% APY, significantly higher than traditional accounts.
Digital banks and online accounts are leading with the best rates due to lower overhead costs.
Federal Reserve's rate decisions impact savings rates, with potential cuts expected later this year.
Avoid common savings mistakes by shopping around for competitive rates and not letting CDs auto-renew.