Marcos Cabello is a banking writer at Bankrate, where he’s dedicated to helping readers make the best decisions about their finances. Currently, Marcos writes about consumer banking, reviewing deposit products like certificates of deposit, savings, checking and money market accounts. Previously, Marcos wrote about money for CNET and NextAdvisor, running the gamut of personal finance topics including U.S. economic policy and cryptocurrency.
If you don’t find Marcos behind his computer screen, you’ll probably find him behind another screen, playing the newest Nintendo Switch title, streaming the latest TV show, reading a book on his Kindle or doing some creative writing.
Citibank’s new account bonuses are very competitive. Just be sure you won’t need those funds any time soon – dropping your account balances early can not only disqualify you from the promotion, but it may also cost you money in the form of additional account service fees.
Truist Bank, the financial-services giant born out of the merger of SunTrust and BB&T, offers two CDs with competitive yields.
TD Bank offers tiered interest rates; however, you can find higher yields elsewhere.
Synchrony offers a wide range of CD terms with high yields, making it a good choice for savers looking to build a CD ladder.
PNC Bank offers a variety of CD terms. While you can earn higher rates for a higher balance, you can still find higher yields elsewhere.
Discover Bank offers a variety of CD terms that pay competitive yields. Here are the rates Discover offers on its CDs.
Citizens Bank only offers one option for a CD on its website. The annual percentage yield (APY) is fairly competitive, but you’ll find much higher yields at the top online banks.
Watch for these money headaches if your bank fails — and no other bank takes over.
