
Big banks and the Federal Reserve have faced an uphill battle in recent months amid major bank failures and red-hot inflation. Even so, there are some clear winners. Savers have benefited from record-high APYs on their deposit accounts, with some high-yield savings accounts and certificates of deposit (CDs) offering APYs well above 5%.
One CD that should be on your radar: Goldman Sachs’ 10-month promotional CD.