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Stock impact report

APYs Top 5% Ahead of the Holiday Weekend. Best CD Rates for Today, July 1, 2024 [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
Key takeaways You can earn up to 5.35% APY with today's top CDs. While APYs have held steady in recent weeks, experts anticipate rates will fall in the coming months. By opening a CD now, you can guarantee your returns and protect your earnings from future rate drops. There's still time to snag a great rate on a certificate of deposit. Annual percentage yields, or APYs, for the best CDs continue to top 5% -- on par with many high-yield savings accounts . And unlike savings accounts, CD rates are fixed, so you'll continue to earn the same amount even if overall rates drop. Today's top CDs boast APYs as high as 5.35% -- more than three times the national average for some terms. And with experts predicting the Federal Reserve will cut rates in the coming months, the sooner you open a CD and lock in a high APY, the more interest you could earn. Experts recommend comparing rates before opening a CD account to get the best APY possible. Enter your information below to get CNET' Show less Read more
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