Best top CD rates available right now in August 2024. Looking to maximize your savings? In this video, I get into the top 5 Certificate of Deposit (CD) accounts ranked by Annual Percentage Yield (APY) for August 2024. Whether you're saving for a rainy day or planning for the future, these high-yield CD accounts offer the best safe returns on your investment. There's a couple of ties, honorable mentions and accounts that dropped out of my previous top 5 video in June 2024 so there's actually more than 5 accounts in this video. Things I cover in this video: 1. Bank Name & APY: Get detailed information on the highest-yielding CD accounts available right now. 2. Minimum Deposit Requirements: Know exactly what you need to start earning top rates. 3. Term Lengths: Find out the terms of each CD to match your financial goals. 4. Calculation Examples: Find out how much a certain amount would earn in interest with the varying APYs and term lengths. 5. Bank info: Brief information about the banks and financial institutions Don’t forget to like, comment, and subscribe for more financial tips, educationand updates! Chapters: 0:00 - Introduction and what's in this video 1:30 - Where to Invest an Extra $10,000 Survey 2:52 - Average CD Rates 3:35 - Common Features of these CDs 9:13 - Honorable Mentions 12:22 - Out of the Top 5 List 16:18 Top 5 List 25:16 Outro Related Links: Top Saving Accounts Ranked by APY Playlist: https://youtube.com/playlist?list=PLUYb2Ee73D8aZiAurNGAFSS_iEMHMkf7U&si=PJWzZwmDET7fvC7E Top CD Accounts Ranked by APY Playlist: https://youtube.com/playlist?list=PLUYb2Ee73D8bij05cumQPik0LyRTncAjq&si=KUR8YYIDT1P1CsVa CD and Savings Account Rates vs Fed Funds Rate Explained - Affect of Fed Interest Hikes & Cuts: https://youtu.be/6VfSIemBPJA?si=6jUNrqXBgiS77lNN ——————————————————— Referral Links Ally: Open a new acount with my referral link and earn a $100 bonus: https://ally.com/referral?code=3J8G7Y3H6M Chime: We'll both earn $100 when you join Chime and receive a qualifying direct deposit! Learn more. https://chime.com/r/avrinross Laurel Road: https://www.laurelroad.com/refer-hys/?hys_friend=wvj020yw SoFi Checking & Savings Account: Hello! 👋 Join me to start earning more money with SoFi Checking and Savings. You’ll earn up to 4.60% APY on a Savings Account, 0.50% on a Checking Account and pay no account fees. Use my link to sign up and you’ll get a $25 bonus and up to $250 when you set up direct deposit. For the $25 referral bonus simply fund your account with at least $10 within 5 days of opening your account after clicking the referral link. https://www.sofi.com/invite/money?gcp=1118993d-ae35-415b-8617-5b81262adac8&isAliasGcp=false SoFi Invest: Hey! I'm using SoFi Invest 📊 to buy and sell stocks (and pieces of stocks) with zero fees. Open an Active Investing account with $10 or more, and you'll get $25 in stock. I'll get $50 in stock, too! Use my link: https://www.sofi.com/invite/invest?gcp=8927dcd6-701d-489d-a634-24641274440a&isAliasGcp=false Coinbase: Sign up for Coinbase using my link and we can each get $10 in Bitcoin https://coinbase.com/join/ross_50m? Robinhood: Join Robinhood with my link and we'll both pick our own free stock 🤝 https://join.robinhood.com/avrinr PayPal: Hi there! We can both earn $10 cash back (1,000 points) when you accept my invite to PayPal and spend $5 within 30 days. Use my link: https://py.pl/26LVHQTOEHp Coinbase: Hey! Have you heard of Coinbase Wallet? Use my referral link and earn up to $40 in quest rewards! https://go.cb-w.com/referral?referral_id=zAdKSOEjdStK5g9CchLIqg ——————————————————— #banking #finance #passiveincome *Not financial advice. For educational and entertainment purposes only.