1. Compare interest rates
If you’ve got money sitting in a savings account, CD or money market account, you’d be remiss not to shop for the best interest rate.
For years, interest on deposits was so low it was hardly worth asking the annual percentage yield. Now, though, you can find APYs of as much as 2 percent.
As we mentioned before, you can compare interest rates on CDs and checking and savings accounts in the Money Talks News Solutions Center.