CBS News

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  Certificates of deposit (CD) accounts come with various interest rates and terms (or lengths) for savers to explore. While rates have traditionally been higher on long-term accounts, that hasn't been the case in the rate climate of recent years. In 2023 and 2024, for example, rates have been higher on short-term CDs, sometimes by a significant margin. That said, rates on long-term accounts are also high now and, like all CDs, they'll be locked until the account has matured. This...

How much interest would a $5,000 18-month CD earn now?

GOBankingRates

Having one checking and one savings account at the same bank used to be the norm. But with the proliferation of internet banking and the ease of transferring money between accounts, is it better to...

I’m a Bank Teller: 6 Benefits of Having Multiple Bank Accounts

The US Sun

HUNDREDS of dollars are up for grabs – if you open a new bank account. The free bonus cash is being offered by the likes of Wells Fargo and Chase to reward customers making the switch. Many banks across America are currently offering a sign-up bonus to entice people to open a new account, reported […]

Americans can get up to $300 in free money if they’re looking for a new bank – two steps to qualify for the cash

The Motley Fool

If you have a decent-sized cash hoard, it's even more important to open one of the best savings accounts. See how much $20,000 can earn in a year or more.

How Much Will $20,000 Make You in a High-Yield Savings Account?

Business Insider

Explore ways to deposit money into someone else's bank account, ensuring your money transfer is safe and efficient while also finding the best option.

How to Deposit Money Into Someone Else's Account

WashingtonExaminer

The first round of August’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at age 70, will go out to the first group of retirees on Aug. 14. Here is everything to know about this month’s Social Security payments. What is it? Former President Franklin D. Roosevelt signed the Social […]

Social Security update: First round of August payments worth $4,873 to go out in 21 days

New Orleans, LA

Brooklyn, NY

USA TODAY

Credit unions are offering lucrative promotions on CDs to lure customers. You should consider locking in some rates now before the Fed cuts rates.

CD match, raise, or 9% APY! Promos heat up before Fed rate cut. Hurry to get the best rate

The best nationwide CD rate of 6.00% APY, offered by Nuvision Credit Union, is advertised as expiring on July 31. With the Fed appearing likely to cut interest rates this fall, we're unlikely to see another 6% CD this year. The next-best CDs currently pay 5.40% to 5.51% on terms...

Less Than a Week Left to Grab This 6% CD Rate With a Guarantee Until 2025

Credit cards can be great financial tools when in the right hands. You can use them to build your credit score and rack up rewards like airline miles or cash back on purchases. While it’s tempting to use your credit card for every major expense, there are some things you’re...

15 Things You Should Never, Ever Put on Your Credit Card

You could settle for a 5% return from a CD. But read on for a better way to invest your money.

CDs Are Paying 5%, but Here's How You Can Do Way Better

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  Stowing your savings away in an interest-bearing account has been a lucrative move to make over the last couple of years. The interest rates on these accounts have been quite high, after all, with many high-yield savings accounts and certificate of deposit (CD) accounts offering annual percentage yields (APYs) that far surpassed the inflation rate. That, in turn, resulted in big payoffs for the savers who took advantage of earning interest in a high-rate environment.But the window to capitalize...

12 best CDs to open before rates are cut in September

A savings account can do you a world of good -- but it's not the perfect spot for all your money. Learn when to consider other financial accounts, too.

How Much Money Is Too Much for a Savings Account?

August has arrived and that means this month's Social Security payments will soon be reaching bank accounts. The way the days are lined up this month may make it seem you're waiting a bit longer to get your payment, so we'll break it all down and fill you in when you can expect to get yours. If you're still waiting on your check from July, check out why it may not have arrived and what you can do about it.

Social Security August 2024: This Is When You'll Get Your Check This Month

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  All eyes turn toward the Federal Reserve today as they meet to discuss the future of the economy and the interest rate climate. While a reduction to the federal funds rate, which affects what lenders offer borrowers, isn't expected after their meeting on Wednesday, it's appearing more likely to occur in September. While that will be welcome news for borrowers coping with high rates on everything from mortgages to credit cards, it will likely mark the end of this...

Why you should deposit $5,000 into an 18-month CD now

Don't open a CD until you read this. Most Americans aren't ready for the risks of CDs, so check out a better place to keep your savings.

Forget CDs: Here's One Savings Account You're Not Paying Enough Attention To

Two local credit unions are offering CDs with at least 9% interest before the Fed cuts interest rates. Find out how to qualify for the CD specials.

Some credit unions are offering CDs of 9% APY or more before an anticipated Fed rate cut

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

4 Biggest Mistakes You Can Make With Your Checking Account

Forbes Advisor

Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates you can find today.

High-Yield Savings Account Rates Today: August 6, 2024

Tweaking how you pay your mortgage can amount to huge savings. Check out how one writer took years off their mortgage.

I Shaved Years Off My Mortgage in Seconds. Here's How

SmartAsset

If you’re wondering how to find lost savings bonds, you’re not alone. Luckily, reclaiming them can be relatively straightforward if you know where to look. Finding lost savings bonds may require you to use the Treasury Hunt tool, contact the U.S. Department of the Treasury or potentially hire a professional to help. Rediscovering these hidden […] The post How to Find Lost Savings Bonds appeared first on SmartReads by SmartAsset.

How to Find Lost Savings Bonds

NewsBreak

This Checking Account Pays 6.00%—And It’s Guaranteed for 6 Months

Primis Bank is offering a remarkable fee-free checking account that pays 6.00% APY. That outdoes even the best CDs and high-yield savings accounts, which currently max...

This Checking Account Pays 6.00%—And It’s Guaranteed for 6 Months

Comments / 0