8 simple tips for scoring the best CD rates right now
There are a few easy steps you can take to maximize the rate you earn on a CD right now.
Watch CBS News
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics, from the benefits of gold investing to the many uses of home equity loans.
Angelica previously held editorial roles at Bankrate, HousingWire and other financial publications, where she focused on insurance, credit cards and mortgage and housing content. She has also written for publications like The Motley Fool and Forbes Advisor. Prior to working in personal finance, Angelica held editorial roles at alt-weeklies that include the Houston Press and the Dallas Observer.
There are a few easy steps you can take to maximize the rate you earn on a CD right now.
You don't have to settle for a low APY on your savings. Opening an 18-month CD could lead to big returns instead.
There are lots of good savings options to choose from right now, but a 5-year CD offers some unique perks to savers.
If you have $100k to deposit in a CD, it could result in some impressive returns on your money.
Your home's equity can be used for a lot more than you'd think — and that includes wealth-building.
It's a great time to take advantage of the high APYs being offered on the top 2-year CDs.
Don't overlook the benefits that a 5-year CD can offer to you right now.
If you're trying to decide between purchasing long-term care insurance and self-funding, consider these factors.
Your home equity line of credit has a lot more potential uses than you'd expect — including wealth-building.
Don't sign on the dotted line for a life insurance policy before asking these crucial questions.
You aren't required to tap into your home equity line of credit, but here's what can happen if you don't.
Buying a pet insurance policy is a smart move at any time, but it can be especially helpful during the holidays.
By locking in a top rate on a 3-year CD today, you'll earn consistent returns on your money without the added risk.
Some life insurance policies have a cash value component, and it can benefit you to know what it's worth.
It's possible to earn a rate of 6% or higher on your savings today, but you'll need to know where to look.