![]() ![]() Here are two other major benefits those considering a CD should know: Higher interest rates aren't the only benefit certificate of deposit accounts offer. You can easily check today's CD interest rates here now. ![]() To get the most value out of these types of accounts, it helps to first understand what a good CD interest rate is. Many account holders may be looking for any edge they can get and, considering the average savings account interest rate hovers around 0.43%, they aren't getting the help they need by keeping their money untouched.įortunately, a certificate of deposit account can help protect and grow your money, assuming you secure a favorable interest rate. Because of the Fed activity, the benefits of high-yield savings and certificate of deposit (CD) accounts have increased exponentially.īoth account types come with unique benefits and advantages, many of which are especially appealing in today's economic climate. ![]() While recent interest rate hikes have hurt borrowers across the board, the news hasn't been all bad. CDs offer significantly higher interest rates than traditional savings accounts. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |