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Fortune
Fortune
Matt Sexton

High-yield savings account vs. CD vs. T-bill: Where's the best place to put your money?

Photo illustration of three bundles of $100 bills standing vertically in a row, one yellow, one blue, and one green. (Credit: Photo illustration by Fortune; Original photo by Getty Images)

Lately, investors have many options to boost their savings. A few of the best investments that offer competitive returns and no risk to the principal include certificates of deposit (CDs), high-yield savings accounts, and Treasury bills (T-bills). 

T-bills have been a popular option lately thanks to their attractive returns in light of rate hikes by the Federal Reserve. High-yield savings accounts also currently offer rates 10 to 20 times higher than traditional savings accounts while CD rates remain high for now. 

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