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Certificates of deposit from Ally Bank. Ally Bank offers CDs that can yield high interest in return for setting aside money for a fixed period. Ally offers three types of CDs with varying lengths ...
Ally Bank — 11-month terms at 3.75% APY. Bank of America — 12-month terms at 3.25% APY. ... More liquidity than traditional high-yield CDs. Subject to market fluctuations.
Typically, as the Fed rate rises, so do APYs on savings products like CDs, high-yield accounts and money market accounts — surging to 4% and higher today to accelerate your savings.
There is no minimum balance to open a CD account or earn interest at Synchrony. Ally Bank. Ally Bank offers an 11-month CD that pays APY and does not impose a penalty for withdrawing the money ...
High-yield savings accounts offer flexibility and access, while certificates of deposit can offer higher interest rates. Compare HYSAs and CDs to find the best for your budget.
Key takeaways. Today’s top CD rate remains 5.51% APY with a term of one year. The highest APY for a nine-month CD has fallen today to 5.30%, from 5.35%.
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