Posted 4/15/2024, 4:46:24 PM
Act Now to Lock in High Returns with CDs Amid Rising Inflation
- Inflation is rising again, making CDs an attractive option for savers to earn higher returns
- Whether you already have a CD or are just starting out, take action now to lock in today's high interest rates
- Consider both short-term and long-term CD terms - short-term offer higher rates but long-term lock in elevated rates for years
- Shop around online banks and lenders for the best CD rates and terms like no fees or early withdrawal penalties
- Taking timely action allows savers to capitalize on high inflation with competitive CD account rates and returns