From Yahoo Finance: 2025-05-14 12:03:00

Banks offer more than just secure money storage. They provide resources for saving, investing, and financial planning. Major banks offer educational materials, but working with a financial planner might be best. Some banks offer free financial planning services, like Chase and USAA.

Interest rates on CDs peaked in 2023, but you can still find rates around 4% to 4.5%. While you can’t control rates, you can maximize gains by utilizing CDs as a wealth-building tool. Shopping around for the best rates is key to getting the most out of your savings account.

Read more: Better Ways To Use Your Bank’s Resources To Grow Your Wealth