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Are CDs worth it?

Por: CBS News Business March 08, 2023

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CDs are currently offering significantly higher interest rates than traditional savings accounts. Getty Images/iStockphoto A is a type of savings account that requires you to deposit money for a set term. In exchange, the bank or credit union pays you interest—often higher than the rates paid on or savings accounts. The longer you agree to leave the money in the account, the higher the interest yield.  But are CDs worth it? It depends on the... + full article



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