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Stock impact report

Best CD Rates Today – High APYs Won't Stick Around Forever, April 22, 2024 [CNET News]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: CNET News
Key takeaways Top CDs currently offer APYs up to 5.35%. With rates on the way down, the sooner you open a CD, the more interest you stand to earn. Short-term CDs have the highest rates, but the best term for you depends on your savings timeline. A certificate of deposit can be a safe, low-risk way to earn interest on your savings. And since CD rates are fixed when you open the account, you'll always know how much you'll earn -- unlike savings accounts, whose rates are variable. That's especially beneficial right now when rates are likely at their peak. “CDs can be a smart investment in any rate environment,” said Dana Menard, lead financial planner at Twin Cities Wealth Strategies . “But with CD rates on the way down, if you've been thinking of opening an account, now is the time to act.” You can earn up to 5.35% annual percentage yield, or APY, with today's top CDs . That's more than three times the national average for some terms. But the longer you wait to open an acco Show less Read more
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