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Stock impact report

Don't Let APYs Up to 4.75% Pass You By. Today's CD Rates, Nov. 27, 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
The longer you wait to open a CD, the lower the APY you may be able to get. The Federal Reserve's latest interest rate cuts may be good news for borrowers, but they mean the clock is ticking for savers who want to maximize their returns. Certificate of deposit rates have been falling for months, and this trend is likely to continue if the Fed cuts rates again in December. You can still earn up to 4.75% annual percentage yield, or APY, with today's best CDs . But these APYs may not stick around much longer, so the sooner you open a CD, the greater your earning potential could be. Here are some of the highest CD rates today and how much you could earn by depositing $5,000 right now: 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. Here's why CD rates are falling The Fed's actions play a big part in where banks set their CD rates. T Show less Read more
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