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Stock impact report

Best CD Rates Today, Aug. 28, 2024: Time's Running Out on APYs Up to 5.25% [CNET News]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: CNET News
Rates have been falling for months, but we've seen an increase in APY cuts in recent weeks. With a Fed rate cut expected in September, now's the time to lock in a high APY and protect your earnings from further drops. The clock is ticking on high certificate of deposit rates. You can still score an annual percentage yield, or APY, up to 5.25% with today's best CDs , but APYs have been on the way down for months. And with a Federal Reserve rate cut likely around the corner, they're falling even faster these days. Your APY is locked in when you open a CD, so your returns will stay the same even if overall rates drop. That means now is the time to jump on high APYs while they last. The longer you wait, the lower the rate you may be able to lock in -- and the lower your earning potential will be. Here's where you can nab one of the highest CD rates today. Today's best CD rates These are some of the highest rates available on today's best CDs and how much you could earn by dep Show less Read more
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