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How to open a savings to invest more in shorter-term.
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How to open a savings to invest more in shorter-term.
Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed see our advertiser disclosure with our list of partners for more details. See how we rate banking products to write unbiased product reviews. If rates continue rising, you can reinvest the money from shorter-term CDs into new accounts to lock in higher APYs. As the Federal Reserve continues to raise interest rates, cash accounts like these become even more attractive as they see record-high returns.
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