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Stock impact report

Best CD Rates Today -- Maximize Your Earnings With These Top Accounts, April 9, 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
Your APY is locked in when you open a CD account, so your earnings stay the same even if rates drop. With rates on the way down, now's the time to secure a still-high APY and boost your earning potential. Certificate of deposit rates remain attractive, with top CDs currently offering up to 5.35% annual percentage yield, or APY. That's more than three times the national average for some terms. “CD rates have held up nicely,” said Faron Daugs , CFP, founder and CEO at Harrison Wallace Financial Group . “[Today's] rates allow an investor to collect reasonable interest with dollars that might otherwise be idly sitting in low-interest savings accounts.” But rates have been falling since the end of 2023, and experts expect this trend will continue. So, the longer you wait to open a CD, the less interest you stand to earn. By opening a CD today, you can lock in a still-high APY for the CD's entire term and protect your earnings from further rate drops. Experts recommend comparing Show less Read more
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