"High-Yield Options and Record Rates: Today's Top CD and Savings Account Offers"

1 min read
Source: Investopedia
"High-Yield Options and Record Rates: Today's Top CD and Savings Account Offers"
Photo: Investopedia
TL;DR Summary

Multiple new high-yield CD options have been introduced, offering rates of at least 5.50% APY, with the leading rate being 5.90% APY from Pelican State Credit Union. The number of "Benchmark Leader" CDs has increased to 28, and the top rate for a 6-month CD has slightly increased. Longer-term options are available with rates of at least 5.00% APY. The Federal Reserve's next rate decision is uncertain, but CD rates could potentially climb higher. It is advised to shop around and compare rates before making a final decision.

Share this article

Reading Insights

Total Reads

0

Unique Readers

9

Time Saved

6 min

vs 7 min read

Condensed

93%

1,28088 words

Want the full story? Read the original article

Read on Investopedia