As the summer of 2023 approaches, savers are looking for the best 3-month CD rates to maximize their savings. With the Federal Reserve keeping interest rates low, it can be difficult to find a good rate. However, there are still some great options available. Here are the best 3-month CD rates of July 2023.
First up is Ally Bank, which is offering a 3-month CD rate of 1.50% APY. This rate is one of the highest available and is a great option for those looking to maximize their savings. Ally Bank also offers a variety of other products, such as savings accounts, money market accounts, and IRA CDs.
Next is Marcus by Goldman Sachs, which is offering a 3-month CD rate of 1.45% APY. This rate is slightly lower than Ally Bank’s, but still a great option for those looking to maximize their savings. Marcus by Goldman Sachs also offers a variety of other products, such as savings accounts, money market accounts, and IRA CDs.
Finally, there is Discover Bank, which is offering a 3-month CD rate of 1.40% APY. This rate is slightly lower than the other two, but still a great option for those looking to maximize their savings. Discover Bank also offers a variety of other products, such as savings accounts, money market accounts, and IRA CDs.
Overall, these are the best 3-month CD rates of July 2023. While interest rates are still low, these rates are still a great option for those looking to maximize their savings. Be sure to compare rates and products before making a decision to ensure you get the best deal.