CD rates can vary greatly depending on the term and location of the account. Don’t settle on the first rate you’re offered; researching the rates from all the banks and credit unions in your area will likely result in finding competitive offers you never knew existed.

Is your retirement dream to own and run a B&B somewhere beautiful, like the Sierra Nevadas? Or maybe you’d like to buy a deluxe RV and travel around the States and Canada. Whatever your long-term dreams may be, they probably require smart financial planning to achieve. Irvine Banking Rates can help you find the best CD rates and money market rates out there.

Irvine Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

A clear advantage of investing in CD‘s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Irvine Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.