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Stock impact report

Act Now to Maximize Your Earning Potential. Today's CD Rates, Jan. 7, 2025 [CNET News]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: CNET News
Opening a CD allows you to lock in a high APY and protect your earnings from additional rate drops. If one of your money goals for 2025 is to grow your savings, a certificate of deposit can be a great way to do it. Unlike savings accounts, which have variable rates, CDs offer a fixed rate. That means your returns won't change, regardless of the rate environment. You can earn up to 4.70% annual percentage yield, or APY with today's best CDs . If you want to maximize your earnings, the key is to act now. APYs have been falling, and experts expect they'll continue falling in the coming months. So, the sooner you open a CD, the higher the APY you're likely to secure. Here are some of the highest CD rates right now and how much you could earn by depositing $5,000. Today's best CD rates Experts recommend comparing rates before opening a CD account to get the best APY possible. Enter your information below to get CNET's partners' best rate for your area. Now's the time to lock i Show less Read more
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