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By
July 30, 2026 / 3:59 PM EDT
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Both accounts have unique advantages in today's economy. Here's what to consider before making a final decision.
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By
July 30, 2026 / 3:59 PM EDT
/ CBS News
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A CD account has been especially worth opening in recent years, but especially so this July. Here's why.

Both account types have pros and cons that seniors should evaluate before getting started in today's economy.

Is it really worth opening a CD account now? Here are three signs indicating that it may be.

The gap between the returns on a $25,000 CD and a $25,000 high-yield savings account may surprise you.

All three accounts can be viable for your $2,500 over the next year, but here's which one stands out the most.

Have $10,000 in your savings account now? Here are three reasons why you should move into a CD account this month.