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Stock impact report

Don't Sleep on APYs up to 4.65%. Today's CD Rates, Jan. 8, 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 lock in your APY, the more interest you stand to earn. A certificate of deposit can help you grow your money safely and reliably, but which CD you choose can make a big difference in how much you earn. So can timing. Today's best CDs boast annual percentage yields, or APY, as high as 4.65%. APYs have been falling since the Fed cut rates at its last three meetings, however. That means the sooner you open a CD, the higher the APY you might be able to lock in -- and the greater your earning potential could be. 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 you should open a CD today CD rates have been falling for months in response to a series of Federal Reserve rate cuts . The Fed doesn't directly set CD rates, but Show less Read more
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