With interest rates rising, is locking money in a CD finally worth it in 2022?
Looking for a nearly risk-free place to invest your savings?
You could open a garden-variety savings account, but your interest will be practically microscopic. A high-yield savings account will offer more, but a certificate of deposit could be an even stronger option.
While you’d be happy to find a savings account paying 1% APY right now, some CDs are paying 2%, 3% or more.
But to earn superior interest, you better…