Dear RealSimple member: We're always searching for special offers to benefit RealSimple members. Here's an offer from one of our partners that we thought might interest you.
The Fed recently raised interest rates AGAIN, and we're already seeing the effect on rates paid by high yield savings accounts and certificates of deposit (CDs). For years Investopedia has been researching the best rates so you don't have to. Visit our page of the best savings accounts to find one that's right for you, and watch your savings grow!
When you have cash you want to save for a bit but want to earn more than a standard savings account pays, certificates of deposit can be a good option. To help you earn the most you can, Investopedia has ranked the best-paying CDs that are widely available to U.S. customers.
With multiple institutions offering CD rates over 5% APY on a 6-month term, you've got options on where to put your money. CDs can be a great way to safely earn interest if you don't need immediate access to your cash.
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