First Horizon Bank offers regular CDs with a wide range of term options as well as add-on CDs. But its APYs are meager and well below the national average.
Interest rates have been on the rise, which is good news for savers. But it can be challenging to know where to put your money to get the best rate. Savvy savers with lots of cash to stash are looking.
Money market accounts typically have interest rates that are on par with high-yield savings accounts, but also come with check-writing access. These accounts often have fees for not maintaining a high.