If rates are dropping, this could make the CD a better choice, because your savings account interest could decrease over the next few months. A CD locks in your rate for the entire term. The choice between a 3-year CD and high-yield savings account will depend on several factors. The best 3-year CDs pay high interest rates - but you should also keep an eye out for minimum opening deposits, early withdrawal penalties, and a strong mobile app.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |