Source: Business Insider
Summary List Placement Updated on March 24, 2021: We updated this review with a new section on the institutions’ Better Business Bureau ratings and reputations as companies. We’re currently adding information on trustworthiness to all of Personal Finance Insider’s guides. The best no-penalty CDs of March 2021 Bank APY Minimum deposit Next steps 0.60% APY $0 Ally Ally No Penalty CD 0.35% to 0.55% APY $500 Marcus by Goldman Sachs Marcus by Goldman Sachs No-Penalty CD 0.35% APY $1,000 CIT CIT Bank Certificate of Deposits (CD) 0.30% APY $500 America First Credit Union America First Credit Union Flexible Certificate If you want to grow your money but keep it safe from the turbulence of the stock market, a certificate of deposit (CD) may be a good option . What if you end up needing the money before your CD matures, though? If you’re worried about accessing your savings early, you may want to open a no-penalty CD. Unlike most CDs, no-penalty CDs let you take money out of your account without charging an early withdrawal penalty.
