"Maximize Your Savings: Top CD Rates for April 2024"

TL;DR Summary
Opening a certificate of deposit (CD) account in April could be advantageous as it allows savers to lock in high interest rates before potential reductions later in the year. With CD interest rates currently hovering close to 6%, savers can potentially earn hundreds or thousands of dollars on their money, outpacing the inflation rate. The Federal Reserve's upcoming meeting at the end of April may lead to rate cuts, making it an ideal time to open a CD now. Additionally, traditional savings accounts are yielding minimal returns, making it beneficial to switch to a high-earning CD.
- Why you should open a CD this April CBS News
- Best CD rates today: Lock in high APYs on CD terms of up to 12 months (no foolin') — April 1, 2024 AOL
- Today's top CD rate roundup: April 3, 2024 USA TODAY
- Top CDs Today, April 1, 2024: Jumbo Rates Tumble Investopedia
- Top CD Rates Today: April 1, 2024 | 5.35% Remains Highest APY Across Terms Bankrate.com
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