Rates and access to money are two key factors when deciding between a regular savings account and a standard certificate of deposit. For higher rates, standard CDs win. For increased access to your funds, savings accounts are better. That’s where no-penalty CDs come into play. They offer fixed rates and, unlike standard CDs, the flexibility...
The article No-Penalty CD vs. Savings Account: Which Is Better? originally appeared on NerdWallet.
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