Which is the best bank for savings: CDs or credit cards?
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I'm looking to combine my savings and would like to know which bank offers the highest APY for a high-yield savings account, a short-term CD, and a credit card. Any recommendations?
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To find the highest APY, you must shop around; current leaders are often online banks like Ally or Marcus, which can exceed 3%. However, I think the most important thing is to always check for monthly fees or withdrawal restrictions. For CDs, consider online banks like Discover, and for credit cards, focus on finding the best mix of a reasonable rate along with strong rewards or cash back.