Savers should carefully compare their CD and money market account options before depositing $60,000 into either. twomeows/Getty Images If you have a respectable amount of money in a traditional savings account right now, you may want to reconsider your approach. With an average interest rate of just 0.39% right now, you’re not only failing to … Read more
Savers stand to earn a substantial return if they open a $75,000 CD account right now. Getty Images/iStockphoto If you thought the days of competitive interest rates on savings accounts were over, or at least temporarily on pause, events in recent weeks may have changed your mind. With unemployment rising, progress toward lowering inflation stalled … Read more
Locking tens of thousands of dollars away in a CD account may make sense for some savers right now. Getty Images/iStockphoto If you have a large, five-figure amount of money, such as $60,000 to invest in today’s economy, you’ll have no shortage of options to consider. From real estate to stocks and bonds to alternative … Read more
A $2,500 CD account could be worth opening for savers now that interest rate cuts are on pause again. Mansoreh Motamedi/Getty Images A certificate of deposit (CD) account isn’t always the easiest type of savings account to manage. And that’s especially true right now. With unemployment on the rise, inflation stagnating (if cooled) and the … Read more
Savers can protect their money and earn a sizable return with a 9-month CD account that’s opened right now. sakchai vongsasiripat/Getty Images If you’re a saver looking for a safe and profitable home for your money, you’re likely not alone this March. After a month filled with disappointing inflation and unemployment reports and a Federal … Read more
Savers looking to earn a high interest rate have three primary accounts to consider right now. dontree_m/Getty Images Saving a five-figure amount of money isn’t always easy to do. But in the economic climate of recent years, in which inflation surged, interest rates rose alongside it, and the expenses of everyday living became difficult to … Read more
Savers should carefully weigh their account options before depositing a large, six-figure amount into either. porcorex/Getty Images In a traditional economic climate, depositing a five-figure amount of money into a savings account may not have made much financial sense. And depositing a larger, six-figure amount of money should have typically been avoided. But the economic … Read more
Interest earnings with a money market account will pile up over time, especially if the account is left untouched. RixSix/Getty Images In the elevated interest rate landscape of recent years, savers could be forgiven for exclusively focusing on certificate of deposit (CD) accounts. After all, at points in 2023 and 2024, rates here were as … Read more
Splitting money between CDs and money market accounts could make sense in today’s economy. Natnan Srisuwan/Getty Images While earning as much interest as possible on your money is ideal, the reality is that sometimes even a little extra goes a long way. And that’s especially true in the unique economic climate of March 2026. With … Read more
There are multiple ways in which savers can earn sizable interest earnings on their tax refund this year. bernie_photo/Getty Images With tax season fully underway and with tax refunds substantially larger for many American taxpayers this year, questions about how to spend that money are top of mind. Whether you’re considering paying off debt, completing … Read more