But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...
You can also open a high-yield savings account and online CDs ranging from 6 months to 18 months if you don't live near a branch ... the Google Play and Apple stores. Terms: EagleBank has online ...
Once you know when you'll spend it, take a look at rates for terms that are near your planned timeline, and choose the CD with the best rate. When you can put money in high-yield savings account ...
Browse Investopedia’s expert-written library to learn more. CDs, along with other types of deposit products, do not build credit. Only borrowing money through some type of loan from a ...