# What are the best rates on MM or CDs now?

**URL:** <https://discourse.thelastforum.com/t/what-are-the-best-rates-on-mm-or-cds-now/99676>\
**Category:** Money\
**Created:** [July 11, 2024, 6:51pm UTC](https://discourse.thelastforum.com/t/what-are-the-best-rates-on-mm-or-cds-now/99676 "2024-07-11T18:51:18Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![BMWMTBer](https://discourse.thelastforum.com/user_avatar/discourse.thelastforum.com/bmwmtber/32/5106_2.png) [@BMWMTBer](https://discourse.thelastforum.com/u/BMWMTBer)\
**Post date:** [July 11, 2024, 6:51pm UTC](https://discourse.thelastforum.com/t/what-are-the-best-rates-on-mm-or-cds-now/99676/1 "2024-07-11T18:51:18Z")

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I’m seeing 5.1%, thought there were some better products out there. Just sold my house and not interested in rolling all of the money into the market.

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**Author:** ![Bears54](https://discourse.thelastforum.com/user_avatar/discourse.thelastforum.com/bears54/32/7_2.png) [@Bears54](https://discourse.thelastforum.com/u/Bears54)\
**Post date:** [July 11, 2024, 6:59pm UTC](https://discourse.thelastforum.com/t/what-are-the-best-rates-on-mm-or-cds-now/99676/2 "2024-07-11T18:59:24Z")

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I’ve been using a Ford Advantage money market account for years, the last time I checked it was over 5%.

A lot of the advertised rates are teaser rates or you have to jump through hoops to get it. If you can get 5% with a bank or financial institution you’re already using I’d do that just for the convenience.

When we sold our first home we knew we didn’t need the money for 6 months so we just opened a 6 month CD at the bank we were using.

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**Author:** ![jimtoo](https://discourse.thelastforum.com/user_avatar/discourse.thelastforum.com/jimtoo/32/16415_2.png) [@jimtoo](https://discourse.thelastforum.com/u/jimtoo)\
**Post date:** [July 11, 2024, 8:01pm UTC](https://discourse.thelastforum.com/t/what-are-the-best-rates-on-mm-or-cds-now/99676/3 "2024-07-11T20:01:28Z")

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Fidelity money mkt funds are about 5%. 90 day and 6 month CDs there are 5.2-5.25% (higher rate than longer term). The rates change daily.

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**Author:** ![BMWMTBer](https://discourse.thelastforum.com/user_avatar/discourse.thelastforum.com/bmwmtber/32/5106_2.png) [@BMWMTBer](https://discourse.thelastforum.com/u/BMWMTBer)\
**Post date:** [July 11, 2024, 8:19pm UTC](https://discourse.thelastforum.com/t/what-are-the-best-rates-on-mm-or-cds-now/99676/4 "2024-07-11T20:19:20Z")

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Thanks guys, guess a solid 5% with no hoops is the way to go.