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Boost Your Savings: Explore High-Yield Money Markets and CDs

2/24/2026

Summary

Story summary

In early 2026, savers should consider money market accounts and certificates of deposit (CDs) for higher interest than traditional savings with rates below 0.40%.
Money market accounts offer variable rates, with earnings varying by deposit amount, such that a $100,000 deposit could yield over $3,000 by early 2027.
CDs provide fixed rates and guaranteed returns, guiding savers to evaluate options and consider transferring funds from low-yield accounts to maximize growth.

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Story summary

In early 2026, savers should consider money market accounts and certificates of deposit (CDs) for higher interest than traditional savings with rates below 0.40%.
Money market accounts offer variable rates, with earnings varying by deposit amount, such that a $100,000 deposit could yield over $3,000 by early 2027.
CDs provide fixed rates and guaranteed returns, guiding savers to evaluate options and consider transferring funds from low-yield accounts to maximize growth.