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Stock impact report

Don't Sleep on APYs Up to 4.70%. Today's CD Rates, Dec. 30, 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 sooner you open a CD, the higher the rate you could lock in and the greater your earning potential could be. Timing is important when it comes to how much you can earn with a certificate of deposit. Your annual percentage yield, or APY, is locked in when you open a CD, which means your returns stay the same regardless of where rates go in the future. And in today's falling-rate environment, the time to act is now. The best CDs currently offer up to 4.70% APY -- more than twice the national average for some terms. But APYs have been falling after the Federal Reserve cut interest rates at its last three meetings, and experts expect this trend to continue into the new year. So, by locking in an APY now, you can maximize your earning potential. 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 informatio Show less Read more
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