Act Now for Last Chance at High 6% CD Rates Before Expected Drops
• Rates are high now - CD interest rates are close to 6% currently, allowing savers to earn hundreds or thousands of dollars.
• Rates could drop soon - The Fed may imply rate cuts are coming at its April meeting, leading to lower CD rates in May and beyond.
• Savings accounts lose money - Average savings account rates are under 1%, far below inflation, while CDs pay much more.
• April is the time - This month may be one of the last chances to take advantage of high CD rates before cuts happen.
• Stop losing money - Opening a CD can end the tiny returns savers get from regular savings accounts.