Why I’m Not Opening Any CDs in 2024 — Even Though Rates Are Up to 5.5%
By: Ben Gran |
Updated
– First published on Jan. 26, 2024
Have you seen how high the APYs have gotten on certificates of deposit (CDs)? As of Jan. 21, 2024, some of the offers on our best CDs list were offering rates of up to 5.51% APY! With the Fed (possibly) getting ready to cut interest rates, now could be a good chance to lock in a high yield on a CD.But even though the APYs…
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