Featured Savings Rates
Featured Accounts

Which Is Better For Now- Long Term CDs Or Savings Account?

mustsavemore
mustsavemore   |     |   63 posts since 2013

So with the possibility of rising interest rates on long term CDs, which is a better place to put your money now- savings account or long term CDs? I don't think this question was answered.



Answers
Ken Tumin
Ken Tumin   |     |   5,687 posts since 2009
I discuss some of the things to consider when deciding between CDs and savings accounts in the following blog post:

Deposit Account Strategies in a Rising Interest Rate Environment
mustsavemore
mustsavemore   |     |   63 posts since 2013
I saw the post, but it didn't really give a take one way or the other.  I realize there may not be a sure answer.  Question is, what does the community here think?