Rates for short-term investments, including CDs, savings accounts and more, have grown steadily more generous in recent months with the Federal Reserve hiking interest rates to fight inflation.
Best six-month CD ratesfor NovemberThe market for six-month CDs is large and, as a result, quite competitive.
Our six-month CD rate picks reflect the best available on DepositAccounts, com, which tracks roughly 275,000 rates at more than 11,000 banks and credit unions.
For instance, you could start out with a six-month CD, along with a one-year CD.
When the six-month CD matures, you would then roll over that balance into a new one-year CD.
Persons:
Martha C, Haviland, ”, Ken Tumin
Organizations:
Federal Reserve, Deposit Insurance Corp, Federal, FDIC, National Credit Union Administration