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Stock impact report

Earn More Than Twice the National Average With These Top Accounts Today's CD Rates, Nov. 20, 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 APY you may be able to lock in – and the more interest you could earn. A certificate of deposit can be a great way to enjoy guaranteed returns on your money. But in a fall-rate environment like today's, it can be especially valuable. Annual percentage yields, or APYs, on CDs have fallen steadily since the Federal Reserve cut interest rates at its last two meetings. And with another rate cut on the table for December, they may keep falling in the coming months. So the sooner you open a CD, the higher the APY you may be able to get -- and the greater your earning potential could be. Today's best CDs offer APYs as high as 4.75% APY. And since your APY is locked in when you open a CD, your returns won't go down if overall rates keep dropping. But the longer you wait, the less you could stand to earn. Here are some of the highest CD rates today and how much you could earn by depositing $5,000 right now: The best CD rates for Nov. 20 How Show less Read more
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