Top Savings and CD Rates Offer Unprecedented Returns

Lock in high-yield rates now as Federal Reserve rate cuts loom, with options from digital banks and CDs.

Flagstar Bank and Poppy Bank lead with savings rates of 5.55% and 5.50% respectively, offering rate guarantees.
Digital banks provide competitive savings rates exceeding 5.10% APY, with low or no minimum deposits.
Certificates of Deposit (CDs) offer fixed returns up to 5.35% APY, with terms extending into 2025 and beyond.
The Federal Reserve's anticipated rate cuts make locking in current high rates a strategic move.
Online banks and fintechs offer higher rates due to lower overhead costs compared to traditional banks.