Money Management

[[{“value”:”Image source: The Motley Fool/Upsplash
In the fast-paced world of finance, capturing top rates is key to enhancing your investment gains. Right now, short-term CDs — those spanning up to 12 months (and sometimes a little longer) — shine with their offer of compelling rates. These financial tools enable you to maximize returns while maintaining flexibility with a short commitment.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. With the Federal Reserve’s recent action to maintain current interest rates, CD rates are expected to stay stable for now. Seize this opportunity to secure high rates and strengthen your investment portfolio.We’ve curated a selection of the top CD rates, promising up to a 4.65% annual percentage yield (APY) on your investment. Dive in and explore these opportunities!BankAPYTermMinimum DepositOMB4.65%7 Months$1,000DR Bank4.65%6 Months$500MutualOne Bank4.59%6 Months$500Brilliant Bank4.55%9 Months$1,000Marcus by Goldman Sachs4.50%14 Months$500LendingClub4.50%10 Months$2,500Data source: Issuing banks. Rates are accurate as of March 30, 2025.Why we chose these CDsExtremely competitive rates. Some CDs have slightly higher rates than those on our list, but most come with a catch.Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.Online convenience. Some banks require you to visit a branch to open a CD. The CDs on our list can each be opened straight from the issuer’s website.While the CDs above offer some of the most competitive rates available today, they’re not the only strong options worth considering. LendingClub offers a solid alternative, with CDs that are easy to open and come from a well-known digital bank. If you value a smooth online experience and flexible terms, it’s worth a look. Explore LendingClub CD rates here.The Best CD Rates From Our Partners TodayWant to find the best CD for your timeline and goals? Explore top rates by term:Best CD Rates — Our expert picks for the top accounts available todayBest 6-Month CD Rates — Short-term savings with fast accessBest 12-Month CD Rates — Solid returns with just a 1-year commitmentBest 5-Year CD Rates — Maximize earnings over the long haulShould you open a CD?Even though CD rates have decreased since mid-2024, they remain competitive. While the Federal Reserve has decided to keep the federal funds rate unchanged for now, many experts anticipate that rate cuts are likely to occur as we move further into 2025.Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.Top CDs are backed by FDIC insurance, which protects deposits of up to $250,000 per person, per bank, in case of a bank failure. Although CDs present minimal risk, other investment avenues like the stock market might provide opportunities for higher returns.How to open a CDStep 1: Research and compare ratesStart by researching various banks and credit unions to find the best CD rates available. Look for the APY that suits your preferred term length, whether it’s a short or long-term CD. Comparing offers will help you secure the most competitive rate.Step 2: Review the terms and conditionsCarefully examine the fine print of the CDs you’re considering. Make sure you can meet any minimum deposit requirements and understand the penalties for early withdrawal.Step 3: Gather necessary informationPrepare the required personal information and documents necessary for opening an account. This typically includes your Social Security number, valid identification (such as a driver’s license or passport), and details of the account you’ll use for funding your CD.Step 4: Apply for the CDOnce you’ve chosen the right CD, apply through the bank’s website, mobile app, or in person. The application process is usually straightforward and quick, often taking just a few minutes to complete.Step 5: Fund your CDLink your existing bank account to transfer funds to your new CD. Remember, you can usually only make one initial deposit, so ensure your entire investment is ready to transfer. After funding, your CD will be up and running, earning interest for the term specified.Click here to explore the best CD rates and open a high-yield CD today.Earn up to 4.10% APY with less commitmentIf you want to earn a high APY with more flexibility and less commitment, a high-yield savings account will allow you to deposit and withdraw money whenever you want and transfer money to other accounts quickly and easily. You can leave your money in the account as long as you want, with no time requirement.Unlike CDs, savings accounts have variable rates, meaning they can change any time at the issuer’s discretion. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your savings goals.If you want to earn a competitive APY without committing your cash for a minimum of several months, check out our list of the best high-yield savings accounts.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

In the fast-paced world of finance, capturing top rates is key to enhancing your investment gains. Right now, short-term CDs — those spanning up to 12 months (and sometimes a little longer) — shine with their offer of compelling rates. These financial tools enable you to maximize returns while maintaining flexibility with a short commitment.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

With the Federal Reserve’s recent action to maintain current interest rates, CD rates are expected to stay stable for now. Seize this opportunity to secure high rates and strengthen your investment portfolio.

We’ve curated a selection of the top CD rates, promising up to a 4.65% annual percentage yield (APY) on your investment. Dive in and explore these opportunities!

Why we chose these CDs

• Extremely competitive rates. Some CDs have slightly higher rates than those on our list, but most come with a catch.
• Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.
• Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.
• Online convenience. Some banks require you to visit a branch to open a CD. The CDs on our list can each be opened straight from the issuer’s website.

Want to find the best CD for your timeline and goals? Explore top rates by term:

• Best CD Rates — Our expert picks for the top accounts available today
• Best 6-Month CD Rates — Short-term savings with fast access
• Best 12-Month CD Rates — Solid returns with just a 1-year commitment
• Best 5-Year CD Rates — Maximize earnings over the long haul

Should you open a CD?

Even though CD rates have decreased since mid-2024, they remain competitive. While the Federal Reserve has decided to keep the federal funds rate unchanged for now, many experts anticipate that rate cuts are likely to occur as we move further into 2025.

Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.

Top CDs are backed by FDIC insurance, which protects deposits of up to $250,000 per person, per bank, in case of a bank failure. Although CDs present minimal risk, other investment avenues like the stock market might provide opportunities for higher returns.

How to open a CD

Step 1: Research and compare rates

Start by researching various banks and credit unions to find the best CD rates available. Look for the APY that suits your preferred term length, whether it’s a short or long-term CD. Comparing offers will help you secure the most competitive rate.

Step 2: Review the terms and conditions

Carefully examine the fine print of the CDs you’re considering. Make sure you can meet any minimum deposit requirements and understand the penalties for early withdrawal.

Step 3: Gather necessary information

Prepare the required personal information and documents necessary for opening an account. This typically includes your Social Security number, valid identification (such as a driver’s license or passport), and details of the account you’ll use for funding your CD.

Step 4: Apply for the CD

Once you’ve chosen the right CD, apply through the bank’s website, mobile app, or in person. The application process is usually straightforward and quick, often taking just a few minutes to complete.

Step 5: Fund your CD

Link your existing bank account to transfer funds to your new CD. Remember, you can usually only make one initial deposit, so ensure your entire investment is ready to transfer. After funding, your CD will be up and running, earning interest for the term specified.

Click here to explore the best CD rates and open a high-yield CD today.

Earn up to 4.10% APY with less commitment

If you want to earn a high APY with more flexibility and less commitment, a high-yield savings account will allow you to deposit and withdraw money whenever you want and transfer money to other accounts quickly and easily. You can leave your money in the account as long as you want, with no time requirement.

Unlike CDs, savings accounts have variable rates, meaning they can change any time at the issuer’s discretion. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your savings goals.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Image source: The Motley Fool/Upsplash
In today’s dynamic financial environment, securing the best rates can significantly boost your investment returns. Short-term CDs, typically with terms of 12 months or less, currently offer the most attractive rates. These options allow you to maximize earnings without a long-term commitment.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. The Federal Reserve’s recent decision to keep interest rates steady ensures these competitive rates will persist for the near term. Now is a great time to lock in high rates, enhancing your financial portfolio.We compiled a list of the best CD rates below. Check them out and earn up to 4.65% annual percentage yield (APY) on your investment.BankAPYTermMinimum DepositOMB4.65%7 Months$1,000DR Bank4.65%6 Months$500MutualOne Bank4.59%6 Months$500Brilliant Bank4.55%9 Months$1,000Marcus by Goldman Sachs4.50%14 Months$500LendingClub4.50%10 Months$2,500Data source: Issuing banks. Rates are accurate as of March 28, 2025.Why these CDs stand outExtremely competitive rates. Some CDs have slightly higher rates, but most come with a catch.Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.While the CDs above offer some of the most competitive rates available today, they’re not the only strong options worth considering. LendingClub offers a solid alternative, with CDs that are easy to open and come from a well-known digital bank. If you value a smooth online experience and flexible terms, it’s worth a look. Explore LendingClub CD rates here.The Best CD Rates From Our Partners TodayWant to find the best CD for your timeline and goals? Explore top rates by term:Best CD Rates — Our expert picks for the top accounts available todayBest 6-Month CD Rates — Short-term savings with fast accessBest 12-Month CD Rates — Solid returns with just a 1-year commitmentBest 5-Year CD Rates — Maximize earnings over the long haulShould you open a certificate of deposit now?Despite a decline since mid-2024, CD rates remain elevated. Although the Federal Reserve has currently opted to hold the federal funds rate steady, experts widely predict that rate reductions are probable later in 2025.Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.Top CDs are backed by FDIC insurance, which protects deposits of up to $250,000 per person, per bank, in case of a bank failure. Although CDs present minimal risk, other investment avenues like the stock market might provide opportunities for higher returns.How to open a CD in five stepsStep 1: Research and compare ratesStart by researching various banks and credit unions to find the best CD rates available. Look for the annual percentage yield (APY) that suits your preferred term length, whether it’s a short or long-term CD. Comparing offers will help you secure the most competitive rate.Step 2: Review the terms and conditionsCarefully examine the fine print of the CDs you’re considering. Make sure you can meet any minimum deposit requirements and understand the penalties for early withdrawal. Being informed about these details prevents surprises later on.Step 3: Gather required informationPrepare the necessary personal information and documents required for opening an account. This typically includes your Social Security number, valid identification (such as a driver’s license or passport), and details of the account you’ll use for funding your CD.Step 4: Apply for the CD accountOnce you’ve chosen the right CD, apply through the bank’s website, mobile app, or in person. The application process is usually straightforward and quick, often taking just a few minutes to complete.Step 5: Fund your CDLink your existing bank account to transfer funds to your new CD. Remember, you can usually only make one initial deposit, so ensure your entire investment is ready to transfer. After funding, your CD will be up and running, earning interest for the term specified.Click here to explore the best CD rates and open a high-yield CD today.Earn up to 4.10% APY without committing your cashIf you want to earn a high APY with more flexibility and less commitment, a high-yield savings account will allow you to:Deposit and withdraw money whenever you want.Transfer money to other accounts quickly and easily.Deposit cash and leave it as long as you’d like, with no term commitment.Unlike CDs, savings accounts have variable rates, meaning they can fluctuate at any time. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your savings goals.If you want to earn a competitive APY without committing your cash for a minimum of several months, check out our list of the best high-yield savings accounts.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

In today’s dynamic financial environment, securing the best rates can significantly boost your investment returns. Short-term CDs, typically with terms of 12 months or less, currently offer the most attractive rates. These options allow you to maximize earnings without a long-term commitment.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

The Federal Reserve’s recent decision to keep interest rates steady ensures these competitive rates will persist for the near term. Now is a great time to lock in high rates, enhancing your financial portfolio.

We compiled a list of the best CD rates below. Check them out and earn up to 4.65% annual percentage yield (APY) on your investment.

Why these CDs stand out

• Extremely competitive rates. Some CDs have slightly higher rates, but most come with a catch.
• Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.
• Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.

Want to find the best CD for your timeline and goals? Explore top rates by term:

• Best CD Rates — Our expert picks for the top accounts available today
• Best 6-Month CD Rates — Short-term savings with fast access
• Best 12-Month CD Rates — Solid returns with just a 1-year commitment
• Best 5-Year CD Rates — Maximize earnings over the long haul

Should you open a certificate of deposit now?

Despite a decline since mid-2024, CD rates remain elevated. Although the Federal Reserve has currently opted to hold the federal funds rate steady, experts widely predict that rate reductions are probable later in 2025.

Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.

Top CDs are backed by FDIC insurance, which protects deposits of up to $250,000 per person, per bank, in case of a bank failure. Although CDs present minimal risk, other investment avenues like the stock market might provide opportunities for higher returns.

How to open a CD in five steps

Step 1: Research and compare rates

Start by researching various banks and credit unions to find the best CD rates available. Look for the annual percentage yield (APY) that suits your preferred term length, whether it’s a short or long-term CD. Comparing offers will help you secure the most competitive rate.

Step 2: Review the terms and conditions

Carefully examine the fine print of the CDs you’re considering. Make sure you can meet any minimum deposit requirements and understand the penalties for early withdrawal. Being informed about these details prevents surprises later on.

Step 3: Gather required information

Prepare the necessary personal information and documents required for opening an account. This typically includes your Social Security number, valid identification (such as a driver’s license or passport), and details of the account you’ll use for funding your CD.

Step 4: Apply for the CD account

Once you’ve chosen the right CD, apply through the bank’s website, mobile app, or in person. The application process is usually straightforward and quick, often taking just a few minutes to complete.

Step 5: Fund your CD

Link your existing bank account to transfer funds to your new CD. Remember, you can usually only make one initial deposit, so ensure your entire investment is ready to transfer. After funding, your CD will be up and running, earning interest for the term specified.

Click here to explore the best CD rates and open a high-yield CD today.

Earn up to 4.10% APY without committing your cash

If you want to earn a high APY with more flexibility and less commitment, a high-yield savings account will allow you to:

• Deposit and withdraw money whenever you want.
• Transfer money to other accounts quickly and easily.
• Deposit cash and leave it as long as you’d like, with no term commitment.

Unlike CDs, savings accounts have variable rates, meaning they can fluctuate at any time. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your savings goals.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Image source: Getty Images
If you’re like most people, your checking account is where your paycheck lands, bills get paid, and everyday spending happens. But here’s the thing — you might be keeping way too much money in there.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. Sure, it feels safe to have extra cash sitting in your checking account. But keeping too much money in a low-interest account is costing you. The better move is to shift extra cash into a high-yield savings account where it can actually grow.How much money should you keep in your checking account?A good rule of thumb is to keep one to two months’ worth of essential expenses in your checking account. That includes:Rent or mortgageUtilitiesInsurance paymentsGroceriesEntertainmentetc.If those numbers add up to $3,500 each month. Then you should try to keep between $3,500 and $7,000 in your checking account. This ensures you have enough to cover bills and daily expenses without letting extra money sit idle.The danger of keeping too much in checkingAccording to the FDIC, the average checking account interest rate is 0.07%. That means a $5,000 balance earns just $3.50 a year. Meanwhile, a high-yield savings account (HYSA) offering 4.50% APY would earn you $225 a year on that same amount — for doing nothing.Ready to start earning hundreds more on your savings each year? Check out our list of the best high-yield savings accounts to open one and get started today.Where to put extra cash insteadIf you have extra money sitting in your checking account, consider moving it into an account that actually works for you. Here are some potential places to put your cash:1. High-yield savings account (HYSA)An HYSA gives you easy access to your money while potentially offering more than 60 times the interest of a regular checking account. It’s perfect for:Emergency fundsVacation savingsHome repairs or big purchasesStart earning more on your savings today by checking out our list of the best high-yield savings accounts.2. Certificates of deposit (CDs)If you have money you won’t need for a while, the best CDs offer similar rates as HYSAs. The tradeoff is your money is locked up for a set time, but the returns are locked in as your rate can’t drop.3. Investment accountsInvesting in a brokerage account, Roth IRA, or 401(k) can grow your wealth over time, instead of letting it sit stagnant. This is where you want to grow your long-term wealth as the S&P 500 Index has historically returned an average of 10% annually.Make the switch and earn more on your moneyIf you’ve been letting cash pile up in your checking account, now’s the time to move it somewhere better.Check out the best high-yield savings accounts available today — your money will grow faster, stay safe, and still be easy to access when you need it. Why let your hard-earned cash sit idle when it could be making you money?Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.”}]] [[{“value”:”

If you’re like most people, your checking account is where your paycheck lands, bills get paid, and everyday spending happens. But here’s the thing — you might be keeping way too much money in there.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

Sure, it feels safe to have extra cash sitting in your checking account. But keeping too much money in a low-interest account is costing you. The better move is to shift extra cash into a high-yield savings account where it can actually grow.

How much money should you keep in your checking account?

A good rule of thumb is to keep one to two months’ worth of essential expenses in your checking account. That includes:

• Rent or mortgage
• Utilities
• Insurance payments
• Groceries
• Entertainment
• etc.

If those numbers add up to $3,500 each month. Then you should try to keep between $3,500 and $7,000 in your checking account. This ensures you have enough to cover bills and daily expenses without letting extra money sit idle.

The danger of keeping too much in checking

According to the FDIC, the average checking account interest rate is 0.07%. That means a $5,000 balance earns just $3.50 a year. Meanwhile, a high-yield savings account (HYSA) offering 4.50% APY would earn you $225 a year on that same amount — for doing nothing.

Where to put extra cash instead

If you have extra money sitting in your checking account, consider moving it into an account that actually works for you. Here are some potential places to put your cash:

1. High-yield savings account (HYSA)

An HYSA gives you easy access to your money while potentially offering more than 60 times the interest of a regular checking account. It’s perfect for:

• Emergency funds
• Vacation savings
• Home repairs or big purchases

Start earning more on your savings today by checking out our list of the best high-yield savings accounts.

2. Certificates of deposit (CDs)

If you have money you won’t need for a while, the best CDs offer similar rates as HYSAs. The tradeoff is your money is locked up for a set time, but the returns are locked in as your rate can’t drop.

3. Investment accounts

Investing in a brokerage account, Roth IRA, or 401(k) can grow your wealth over time, instead of letting it sit stagnant. This is where you want to grow your long-term wealth as the S&P 500 Index has historically returned an average of 10% annually.

Make the switch and earn more on your money

If you’ve been letting cash pile up in your checking account, now’s the time to move it somewhere better.

Check out the best high-yield savings accounts available today — your money will grow faster, stay safe, and still be easy to access when you need it. Why let your hard-earned cash sit idle when it could be making you money?

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Image source: The Motley Fool/Upsplash
Today, leading CD rates range from approximately 4.50% to 4.65%, with the most attractive offerings coming from short-term CDs, which typically have terms of a year or less.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. Following the Federal Reserve’s recent decision to keep interest rates unchanged, CD rates are expected to remain favorable for the foreseeable future. Consequently, this creates an ideal opportunity to lock in a CD while rates are still high.Below, we present a list of the best CD rates available today.BankAPYTermMinimum DepositOMB4.65%7 Months$1,000DR Bank4.65%6 Months$500MutualOne Bank4.59%6 Months$500Brilliant Bank4.55%9 Months$1,000Marcus by Goldman Sachs4.50%14 Months$500LendingClub4.50%10 Months$2,500Data source: Issuing banks. Rates are accurate as of March 28, 2025.Why we picked these CDsOur selection of CDs above all meet the following criteria:Extremely competitive rates. Some CDs have slightly higher rates, but most come with a catch.Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.Online convenience. All the CDs on our list can be opened quickly and conveniently on the bank issuer’s website, right from the comfort of home.While the CDs above offer some of the most competitive rates available today, they’re not the only strong options worth considering. LendingClub offers a solid alternative, with CDs that are easy to open and come from a well-known digital bank. If you value a smooth online experience and flexible terms, it’s worth a look. Explore LendingClub CD rates here.The Best CD Rates From Our Partners TodayWant to find the best CD for your timeline and goals? Explore top rates by term:Best CD Rates — Our expert picks for the top accounts available todayBest 6-Month CD Rates — Short-term savings with fast accessBest 12-Month CD Rates — Solid returns with just a 1-year commitmentBest 5-Year CD Rates — Maximize earnings over the long haulShould you open a CD?Despite a decline since mid-2024, CD rates remain elevated. Although the Federal Reserve has currently opted to hold the federal funds rate steady, experts widely predict that rate reductions are probable later in 2025.Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.The best CDs come with FDIC insurance, ensuring that deposits of up to $250,000 per individual, per institution, are safe in the event of bank failure. While investing in CDs carries almost no risk, alternative options — such as the stock market — may offer the potential for greater returns.How to get started with a CDWhen you decide to open a CD, the procedure is relatively straightforward:Begin by exploring various financial institutions to locate the highest annual percentage yield (APY) for your preferred term.Be sure to examine the details carefully to verify that any minimum deposit requirements can be met, and understand any penalties for early withdrawals.You can apply for a new account through the bank’s website, mobile app, or via phone. Approval is typically swift, allowing you to start your investment almost immediately.Connect your existing bank account to transfer funds into your new CD. Keep in mind that you are limited to a single deposit per CD, so be prepared to transfer your entire investment at once.Click here to explore the best CD rates and open a high-yield CD today.Once you’ve opened your CD, keep an eye on its maturity date. When a CD matures, the bank will typically do one of two things unless you say otherwise:Pay out your initial deposit plus your earnings as cashReinvest your funds in a new CD with the same term (but potentially a different APY)Most banks give you a grace period of seven to 10 days after the CD’s maturity date to make a decision.Earn up to 4.10% APY without locking up your cashIf you want to earn a high APY with more flexibility and less commitment, look into a high-yield savings account.High-yield savings accounts allow you to:Deposit and withdraw money whenever you want.Transfer money to other accounts quickly and easily.Simply deposit cash and leave it as long as you’d like.Savings accounts are variable-rate accounts, meaning you don’t get the rate guarantee that you do with a CD. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your specific needs.If you want to earn a competitive APY without committing your cash for a minimum of several months, check out our list of the best high-yield savings accounts.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.”}]] [[{“value”:”

Today, leading CD rates range from approximately 4.50% to 4.65%, with the most attractive offerings coming from short-term CDs, which typically have terms of a year or less.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

Following the Federal Reserve’s recent decision to keep interest rates unchanged, CD rates are expected to remain favorable for the foreseeable future. Consequently, this creates an ideal opportunity to lock in a CD while rates are still high.

Below, we present a list of the best CD rates available today.

Why we picked these CDs

Our selection of CDs above all meet the following criteria:

• Extremely competitive rates. Some CDs have slightly higher rates, but most come with a catch.
• Low minimum deposits. Some CDs require a minimum deposit of $5,000 or more, while the CDs above let you deposit as little as $500.
• Available nationwide. Some high-yield CDs are offered by regional credit unions that not everyone can easily join. The CDs above come from banks that anyone in the U.S. can join without jumping through hoops.
• Online convenience. All the CDs on our list can be opened quickly and conveniently on the bank issuer’s website, right from the comfort of home.

Want to find the best CD for your timeline and goals? Explore top rates by term:

• Best CD Rates — Our expert picks for the top accounts available today
• Best 6-Month CD Rates — Short-term savings with fast access
• Best 12-Month CD Rates — Solid returns with just a 1-year commitment
• Best 5-Year CD Rates — Maximize earnings over the long haul

Should you open a CD?

Despite a decline since mid-2024, CD rates remain elevated. Although the Federal Reserve has currently opted to hold the federal funds rate steady, experts widely predict that rate reductions are probable later in 2025.

Now could be a great time to lock in a CD if you want safe, guaranteed returns on your cash and you want to protect your savings from the possibility of near-term interest rate cuts.

The best CDs come with FDIC insurance, ensuring that deposits of up to $250,000 per individual, per institution, are safe in the event of bank failure. While investing in CDs carries almost no risk, alternative options — such as the stock market — may offer the potential for greater returns.

How to get started with a CD

When you decide to open a CD, the procedure is relatively straightforward:

1. Begin by exploring various financial institutions to locate the highest annual percentage yield (APY) for your preferred term.
2. Be sure to examine the details carefully to verify that any minimum deposit requirements can be met, and understand any penalties for early withdrawals.
3. You can apply for a new account through the bank’s website, mobile app, or via phone. Approval is typically swift, allowing you to start your investment almost immediately.
4. Connect your existing bank account to transfer funds into your new CD. Keep in mind that you are limited to a single deposit per CD, so be prepared to transfer your entire investment at once.

Click here to explore the best CD rates and open a high-yield CD today.

Once you’ve opened your CD, keep an eye on its maturity date. When a CD matures, the bank will typically do one of two things unless you say otherwise:

1. Pay out your initial deposit plus your earnings as cash
2. Reinvest your funds in a new CD with the same term (but potentially a different APY)

Most banks give you a grace period of seven to 10 days after the CD’s maturity date to make a decision.

Earn up to 4.10% APY without locking up your cash

If you want to earn a high APY with more flexibility and less commitment, look into a high-yield savings account.

High-yield savings accounts allow you to:

• Deposit and withdraw money whenever you want.
• Transfer money to other accounts quickly and easily.
• Simply deposit cash and leave it as long as you’d like.

Savings accounts are variable-rate accounts, meaning you don’t get the rate guarantee that you do with a CD. But right now, high-yield savings account rates are nearly on par with the best CD rates, making either one a great choice, depending on your specific needs.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.James McClenathen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy.

“}]] Read More 

[[{“value”:”Image source: Getty Images
If you’re trying to grow your savings, you’ve probably heard that a high-yield savings account (HYSA) is a great place to start. But how fast does your money actually grow? And more importantly — how long will it take to double?Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. With today’s higher interest rates, your savings can grow much faster than in a traditional bank account. But it still takes time. Let’s break it down in simple terms.The Rule of 72: A quick way to estimate growthAn easy way to figure out how long it takes to double your money is to use the Rule of 72. Here’s how it works:Take 72 and divide by your interest rate. The number you get is how many years it will to double your moneySo, if your HYSA offers 4% APY (which many do right now):72 ÷ 4 = 18 years — Your money doubles in 18 yearsAt 5% APY — 72 ÷ 5 = 14.4 yearsAt 6% APY — 72 ÷ 6 = 12 yearsThe best high-yield savings accounts today offer between 4.00% and 5.00% APY, so realistically, your savings could double in about 14 to 18 years.Looking to fast track your savings with a high APY? Check out our list of the best high-yield savings accounts to get started today.”That’s a long time…” — but here’s why it’s still worth itI get it; 14 to 18 years sounds like forever. But here’s the thing:Your money is 100% safe. Unlike the stock market, where you could lose money, an HYSA guarantees steady, risk-free growth.It’s totally passive. You don’t have to check stocks, rebalance investments, or stress about timing the market. Your money just grows.You’re beating the average by a long shot. A traditional savings account at a big bank offers an average 0.41% APY (pocket change, in comparison). With an HYSA, your money actually works for you.Want to grow your money faster? Try these tipsIf you want to speed up your savings growth, here are a few ways to make it happen:Get the best rate you canHYSAs are often online banks and offer the highest rates (around 4.50% right now). Take a few minutes to compare the best high-yield savings accounts and move your money where it earns the most.Set up automatic transfersSaving is much easier when you don’t have to think about it. Automate transfers from your checking account or split your direct deposit so you’re building your balance every month.Consider a CD for even higher ratesSome certificates of deposit (CDs) offer rates slightly higher than HYSAs now — we’ve found a couple banks and credit unions offering up to 5.00%. But you’ll need to keep your money locked in for a set time. If you don’t need quick access to your cash, this could be a great option to grow your money faster.Keep your long-term savings in the stock marketHYSAs are the perfect place to keep your short-term savings and emergency fund, but the stock market builds long-term wealth. The S&P 500 has averaged an average 10% return annually.Start earning up to 10 times the national average on your savings today. Check out our list of the best high-yield savings accounts now.Start growing your savings todayIf you don’t have a high-yield savings account yet, now is the time to open one. The sooner you start, the longer compound interest has to work its magic.Take a minute to compare today’s best high-yield savings accounts — because leaving your cash in a low-interest bank account means missing out on free money.Alert: highest cash back card we’ve seen now has 0% intro APR into 2026
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!
Click here to read our full review for free and apply in just 2 minutes. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.”}]] [[{“value”:”

If you’re trying to grow your savings, you’ve probably heard that a high-yield savings account (HYSA) is a great place to start. But how fast does your money actually grow? And more importantly — how long will it take to double?

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

With today’s higher interest rates, your savings can grow much faster than in a traditional bank account. But it still takes time. Let’s break it down in simple terms.

The Rule of 72: A quick way to estimate growth

An easy way to figure out how long it takes to double your money is to use the Rule of 72. Here’s how it works:

Take 72 and divide by your interest rate. The number you get is how many years it will to double your money

So, if your HYSA offers 4% APY (which many do right now):

• 72 ÷ 4 = 18 years — Your money doubles in 18 years
• At 5% APY — 72 ÷ 5 = 14.4 years
• At 6% APY — 72 ÷ 6 = 12 years

The best high-yield savings accounts today offer between 4.00% and 5.00% APY, so realistically, your savings could double in about 14 to 18 years.

“That’s a long time…” — but here’s why it’s still worth it

I get it; 14 to 18 years sounds like forever. But here’s the thing:

1. Your money is 100% safe. Unlike the stock market, where you could lose money, an HYSA guarantees steady, risk-free growth.
2. It’s totally passive. You don’t have to check stocks, rebalance investments, or stress about timing the market. Your money just grows.
3. You’re beating the average by a long shot. A traditional savings account at a big bank offers an average 0.41% APY (pocket change, in comparison). With an HYSA, your money actually works for you.

Want to grow your money faster? Try these tips

If you want to speed up your savings growth, here are a few ways to make it happen:

Get the best rate you can

HYSAs are often online banks and offer the highest rates (around 4.50% right now). Take a few minutes to compare the best high-yield savings accounts and move your money where it earns the most.

Set up automatic transfers

Saving is much easier when you don’t have to think about it. Automate transfers from your checking account or split your direct deposit so you’re building your balance every month.

Consider a CD for even higher rates

Some certificates of deposit (CDs) offer rates slightly higher than HYSAs now — we’ve found a couple banks and credit unions offering up to 5.00%. But you’ll need to keep your money locked in for a set time. If you don’t need quick access to your cash, this could be a great option to grow your money faster.

Keep your long-term savings in the stock market

HYSAs are the perfect place to keep your short-term savings and emergency fund, but the stock market builds long-term wealth. The S&P 500 has averaged an average 10% return annually.

Start earning up to 10 times the national average on your savings today. Check out our list of the best high-yield savings accounts now.

Start growing your savings today

If you don’t have a high-yield savings account yet, now is the time to open one. The sooner you start, the longer compound interest has to work its magic.

Take a minute to compare today’s best high-yield savings accounts — because leaving your cash in a low-interest bank account means missing out on free money.

Alert: highest cash back card we’ve seen now has 0% intro APR into 2026

This credit card is not just good – it’s so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Click here to read our full review for free and apply in just 2 minutes.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
Motley Fool Money does not cover all offers on the market. Editorial content from Motley Fool Money is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.

“}]] Read More