Both the HYSA and CD offer significantly better returns than traditional savings accounts, but they work very differently.
Right now, we're in a rare window where both high-yield savings accounts (HYSAs) and certificates of deposit (CDs) are offering APYs over 4.00%. That's nearly 400x what most big bank savings accounts ...
You can earn up to 4.50% on some 6-month CDs right now. High-yield savings accounts offer more flexibility with similar rates. Weigh the pros and cons and find out which one is right for you. With ...
When it comes to stashing your cash, certificates of deposit (CDs) and high-yield savings accounts (HYSAs) are two of the best low-risk options. Both offer better interest rates than traditional ...
Another Fed meeting, another rate cut. And more people are racing to lock in certificates of deposit (CDs) before savings rates drop even further. I get the logic. CDs are great for some situations ...
A CD account can be a great place to store money you don't need right away, as long as you avoid these mistakes.
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Since the Federal Reserve Board started dropping the federal funds rate, other rates have been slowly creeping downward, too. That includes rates for high-yield savings accounts. Once over 5%, the ...