Lock in High Interest Rates with 1-Year CDs

Rates on 1-year CDs are very high right now, over 5.5% at many banks. This is much better than regular savings accounts.

CD rates are locked in for the entire term. So if rates drop later, you'll keep earning the high rate.

Opening a 1-year CD now provides predictability. You'll know exactly how much you'll earn by the end of the term.

CDs allow you to earn significantly more interest than regular savings accounts in the current climate.

It's a good time to open a 1-year CD and start earning more on your savings. Rates may not stay this high for long.