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Stock impact report

Don't Miss Out on APYs up to 4.70%. Today's CD Rates, Jan. 6, 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
The sooner you open a CD, the more interest you stand to earn. Want to maximize your money in 2025? Now's the time to open a certificate of deposit. Unlike savings rates, which can change at any time, CD rates are fixed. Your rate is set when you open the account, so your returns stay the same even if overall rates go down. And in a falling-rate environment like today's, that's especially valuable. Today's best CDs offer up to 4.70% annual percentage yield, or APY. But APYs have been falling since the Federal Reserve started cutting interest rates in September, so the sooner you open a CD, the higher the APY you're likely to lock in -- and the more you could earn. 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. Why opening a CD toda Show less Read more
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