{"id":267777,"date":"2025-06-12T22:41:44","date_gmt":"2025-06-12T17:11:44","guid":{"rendered":"https:\/\/trybeem.com\/blog\/?p=267777"},"modified":"2025-06-14T22:21:53","modified_gmt":"2025-06-14T16:51:53","slug":"get-high-yield-savings-accounts-like-cds","status":"publish","type":"post","link":"https:\/\/trybeem.com\/blog\/get-high-yield-savings-accounts-like-cds\/","title":{"rendered":"How to Get High-Yield Savings Accounts Like CDs (But Without the Lock-In)"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#high-yield-savings-accounts-vs-c-ds\">High-Yield Savings Accounts vs CDs<\/a><\/li><li><a href=\"#why-c-ds-became-the-safe-choice-for-savers\">Why CDs Became the \u201cSafe Choice\u201d for Savers<\/a><\/li><li><a href=\"#hys-as-the-modern-flexible-answer-to-c-ds\">HYSAs: The Modern, Flexible Answer to CDs<\/a><\/li><li><a href=\"#how-c-ds-and-hys-as-compare-in-2025\">How CDs and HYSAs Compare in 2025<\/a><\/li><li><a href=\"#why-more-savers-are-choosing-hys-as-over-c-ds\">Why More Savers Are Choosing HYSAs Over CDs<\/a><ul><\/ul><\/li><li><a href=\"#what-to-look-for-in-a-cd-like-hysa\">What to Look for in a CD-Like HYSA<\/a><ul><\/ul><\/li><li><a href=\"#real-world-example-hysa-vs-1-year-cd-in-2025\">Real-World Example: HYSA vs. 1-Year CD in 2025<\/a><\/li><li><a href=\"#how-to-build-a-hysa-strategy-that-mimics-cd-performance\">How to Build a HYSA Strategy That Mimics CD Performance<\/a><ul><\/ul><\/li><li><a href=\"#what-if-you-still-want-some-cd-like-stability\">What If You Still Want Some \u201cCD-Like\u201d Stability?<\/a><\/li><li><a href=\"#dont-lock-your-money-let-it-work-for-you\">Conclusion<\/a><ul><li><a href=\"#fa-qs-on-getting-hysa-like-returns-without-c-ds\">FAQs on How to Get High-Yield Savings Accounts Like CDs<\/a><\/li><\/ul><\/li><li><a href=\"#faq-question-1748841917701\">Can HYSAs match or outperform CDs?<\/a><\/li><li><a href=\"#faq-question-1748841939692\">Is my money safe in a HYSA?<\/a><\/li><li><a href=\"#faq-question-1748841949442\">What happens if interest rates fall after I open a HYSA?<\/a><\/li><li><a href=\"#faq-question-1748841957525\">Can I open multiple HYSAs?<\/a><\/li><li><a href=\"#faq-question-1748841975243\">What\u2019s better: CDs or HYSAs?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>The Certificate of Deposit (CD) has been a staple of conservative savings strategies for decades. Known for offering higher interest rates in exchange for locking up your money for a set period of time, CDs have appealed to people who want guaranteed returns without stock market volatility. But in 2025, many savers ask: <em>Is there a better way?<\/em><\/p>\n\n\n\n<p>Enter the High-Yield Savings Account (HYSA)\u2014an alternative that provides competitive interest rates similar to CDs, without the rigid lock-in terms or early withdrawal penalties. If you&#8217;re looking for predictable growth, flexibility, and convenience, a HYSA might offer all the benefits you expect from a CD\u2014and then some. Here&#8217;s how to get high-yield savings accounts like CDs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"high-yield-savings-accounts-vs-c-ds\">High-Yield Savings Accounts vs CDs<\/h2>\n\n\n\n<p>In times of economic uncertainty or fluctuating markets, savers tend to search for stability\u2014somewhere to park their money with minimal risk and steady returns. Traditionally, <a href=\"https:\/\/trybeem.com\/blog\/cd-vs-high-yield-savings\/\" target=\"_blank\" data-type=\"post\" data-id=\"171650\" rel=\"noreferrer noopener\">Certificates of Deposit<\/a> (CDs) served this role, offering higher interest rates than regular savings accounts in exchange for locking in funds over months or even years. But many Americans in 2025 are discovering something better: <a href=\"https:\/\/trybeem.com\/blog\/banks-with-high-yield-savings-accounts\/\" target=\"_blank\" data-type=\"post\" data-id=\"240745\" rel=\"noreferrer noopener\">High-Yield Savings Accounts<\/a> (HYSAs) that offer comparable (or even better) returns, without locking up your money.<\/p>\n\n\n\n<p>This shift reflects a larger change in how people think about saving. Flexibility, speed, and convenience matter just as much as returns. Savers want accounts that reward them for saving\u2014but still give them the freedom to adjust, withdraw, or contribute as needed. If you&#8217;ve been considering CDs but don&#8217;t want to tie up your money, or if you&#8217;re trying to maximize your savings in a rising-rate environment, this guide will show you how to get CD-level returns from a HYSA\u2014and potentially more.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-c-ds-became-the-safe-choice-for-savers\">Why CDs Became the \u201cSafe Choice\u201d for Savers<\/h2>\n\n\n\n<p>For decades, Certificates of Deposit were the go-to for people who wanted risk-free returns. CDs are time-based savings instruments\u2014you agree to deposit money for a fixed term (anywhere from 3 months to 5 years), and the bank offers you a guaranteed interest rate for that period.<\/p>\n\n\n\n<p>CDs are attractive to conservative savers for three core reasons:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Predictable yield: <\/strong>The rate is locked in when you open the CD.<\/li>\n\n\n\n<li><strong>Government-backed safety:<\/strong> FDIC- or NCUA-insured up to $250,000.<\/li>\n\n\n\n<li><strong>Simplicity: <\/strong>You don&#8217;t need to manage the account after deposit\u2014just wait for it to mature.<\/li>\n<\/ul>\n\n\n\n<p>But the downside of CDs has always been clear:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your money is locked for the entire term. Withdraw early, and you get <strong>penalized<\/strong>\u2014often <strong>3\u20136 months of interest<\/strong>.<\/li>\n\n\n\n<li>You<strong> can\u2019t add <\/strong>more money to a CD <strong>after opening<\/strong> it.<\/li>\n\n\n\n<li>If interest rates <strong>rise<\/strong>, your CD <strong>doesn\u2019t adjust<\/strong>\u2014you\u2019re stuck earning yesterday\u2019s rate.<\/li>\n<\/ul>\n\n\n\n<p>In 2025, with interest rates reaching their highest point in years and more innovative fintech products emerging, savers realize they don\u2019t have to accept these limitations anymore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"hys-as-the-modern-flexible-answer-to-c-ds\">HYSAs: The Modern, Flexible Answer to CDs<\/h2>\n\n\n\n<p>High-yield savings accounts are regular savings accounts with better interest rates. They\u2019re typically offered by online banks, credit unions, or fintech platforms and come with no lock-in periods, daily compounding, and higher APYs than traditional bank accounts.<\/p>\n\n\n\n<p>Over the past two years, HYSAs have become increasingly competitive with CDs. In fact, many HYSAs now offer equal or better APYs than 1- or 2-year CDs, without requiring you to tie your money down. Let\u2019s examine why HYSAs have become a powerful alternative to CDs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-c-ds-and-hys-as-compare-in-2025\">How CDs and HYSAs Compare in 2025<\/h2>\n\n\n\n<p>To understand how HYSAs can effectively replace CDs in your savings strategy, it\u2019s important to compare them side by side:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Certificate of Deposit (CD)<\/strong><\/td><td><strong>High-Yield Savings Account (HYSA)<\/strong><\/td><\/tr><tr><td><strong>Interest Rate<\/strong><\/td><td>4.00% \u2013 5.25% (fixed)<\/td><td>4.50% \u2013 5.30% (variable)<\/td><\/tr><tr><td><strong>Access to Funds<\/strong><\/td><td>Locked until maturity<\/td><td>Withdraw anytime<\/td><\/tr><tr><td><strong>Early Withdrawal Penalty<\/strong><\/td><td>Yes<\/td><td>No<\/td><\/tr><tr><td><strong>Compounding Frequency<\/strong><\/td><td>Monthly or quarterly<\/td><td>Often daily<\/td><\/tr><tr><td><strong>Add More Money Anytime?<\/strong><\/td><td>No<\/td><td>Yes<\/td><\/tr><tr><td><strong>Setup and Management<\/strong><\/td><td>Often manual, sometimes in-branch<\/td><td>Fully digital, app-based<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The key takeaway: HYSAs now deliver many of the upsides of CDs, without the drawbacks. They&#8217;re more fluid, user-friendly, and responsive to changing interest rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-more-savers-are-choosing-hys-as-over-c-ds\">Why More Savers Are Choosing HYSAs Over CDs<\/h2>\n\n\n\n<p>As the financial world becomes more digital and interest rates fluctuate more frequently, traditional savings vehicles like CDs have fallen behind. Here\u2019s why:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"1-comparable-or-higher-yields\">1. Comparable\u2014or Higher\u2014Yields<\/h3>\n\n\n\n<p>As of mid-2025, top-tier HYSAs offer APYs between 4.5% and 5.3%, while many standard CDs range from 4.0% to 5.25%, depending on the term. And unlike CDs, HYSA rates adjust over time, so if the market shifts upward, you can benefit from better returns without opening a new account.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2-no-lock-in-period\">2. No Lock-In Period<\/h3>\n\n\n\n<p>A CD requires you to commit. A HYSA gives you freedom. You can deposit more funds, withdraw as needed, or close the account, without fees or penalties. That makes HYSAs perfect for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Emergency funds.<\/li>\n\n\n\n<li>Short-term financial goals.<\/li>\n\n\n\n<li>Side income or freelance savings.<\/li>\n\n\n\n<li>Cash cushions for bill seasonality.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-better-compound-growth\">3. Better Compound Growth<\/h3>\n\n\n\n<p>While CDs often compound interest monthly or quarterly, HYSAs typically offer daily <a href=\"https:\/\/trybeem.com\/blog\/compound-interest-high-yield-savings-account\/\" target=\"_blank\" data-type=\"post\" data-id=\"267124\" rel=\"noreferrer noopener\">compounding<\/a>, which maximizes growth. The difference may seem small in a single month, but daily compounding leads to higher effective returns over time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-digital-first-experience\">4. Digital-First Experience<\/h3>\n\n\n\n<p>Online-only banks or fintech platforms offer most HYSAs. That means:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Quick account setup (often under 10 minutes).<\/li>\n\n\n\n<li>Clean, mobile-friendly dashboards.<\/li>\n\n\n\n<li>Automation features to schedule deposits.<\/li>\n\n\n\n<li>Instant notifications about rate changes.<\/li>\n<\/ul>\n\n\n\n<p>CDs, by contrast, still tend to be managed in a traditional banking environment\u2014slow to open, limited visibility, fewer automation tools.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-to-look-for-in-a-cd-like-hysa\">What to Look for in a CD-Like HYSA<\/h2>\n\n\n\n<p>If you\u2019re ready to ditch CDs for a better alternative, not all HYSAs will deliver the same value. Some offer lower rates, have hidden fees, or limit transfers. To ensure you get the best deal, here\u2019s what to look for:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"1-top-tier-apy\">1. Top-Tier APY<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>As of now, aim <strong>for at least 4.50% APY<\/strong>.<\/li>\n\n\n\n<li>The most competitive HYSAs in 2025 are <strong>offering 5.00% or more<\/strong>.<\/li>\n\n\n\n<li>Be cautious with teaser rates that drop <strong>after 90 days<\/strong>\u2014always check the fine print.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2-no-monthly-fees\">2. No Monthly Fees<\/h3>\n\n\n\n<p>CDs don\u2019t charge you fees, and your HYSA shouldn\u2019t either. Look for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$0 monthly maintenance fees.<\/li>\n\n\n\n<li>No inactivity or low balance fees.<\/li>\n\n\n\n<li>Free inbound\/outbound ACH transfers.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-no-minimum-balance\">3. No Minimum Balance<\/h3>\n\n\n\n<p>CDs usually require $500\u2013$1,000 to open. Most modern HYSAs don\u2019t. The best ones let you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Open with<strong> $0<\/strong>.<\/li>\n\n\n\n<li>Build up <strong>gradually <\/strong>over time.<\/li>\n\n\n\n<li>Avoid <strong>balance-based fees<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>This is especially important for younger savers, freelancers, and people with fluctuating income.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-daily-compounding-interest\">4. Daily Compounding Interest<\/h3>\n\n\n\n<p>Compounding frequency directly impacts your earnings. HYSAs with daily compounding will grow your balance more efficiently than those compounding monthly.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"5-fast-and-flexible-transfers\">5. Fast and Flexible Transfers<\/h3>\n\n\n\n<p>Choose a HYSA that:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Connects easily to your checking account.<\/li>\n\n\n\n<li>Offers transfers in 1\u20132 business days.<\/li>\n\n\n\n<li>Allows for multiple monthly withdrawals without penalty.<\/li>\n<\/ul>\n\n\n\n<p>This ensures you can access your money quickly when needed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"real-world-example-hysa-vs-1-year-cd-in-2025\">Real-World Example: HYSA vs. 1-Year CD in 2025<\/h2>\n\n\n\n<p>Let\u2019s say you have $5,000 to save. Here&#8217;s how the outcomes may look:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>CD (12-month, 4.75%)<\/strong><\/td><td><strong>HYSA (5.00% APY, daily compounding)<\/strong><\/td><\/tr><tr><td><strong>Interest Earned (1 Year)<\/strong><\/td><td>~$238<\/td><td>~$256<\/td><\/tr><tr><td><strong>Access to Funds<\/strong><\/td><td>Locked<\/td><td>Available anytime<\/td><\/tr><tr><td><strong>Flexibility<\/strong><\/td><td>None<\/td><td>High<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Even with similar yields, the compounding structure and accessibility of HYSAs create a more efficient, safer savings strategy for most people.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trybeem.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Get-High-Yield-Savings-Accounts-Like-CDs-1024x576.jpg\" alt=\"How to Get High-Yield Savings Accounts Like CDs\" class=\"wp-image-267787\" srcset=\"https:\/\/trybeem.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Get-High-Yield-Savings-Accounts-Like-CDs-1024x576.jpg 1024w, https:\/\/trybeem.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Get-High-Yield-Savings-Accounts-Like-CDs-300x169.jpg 300w, https:\/\/trybeem.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Get-High-Yield-Savings-Accounts-Like-CDs-768x432.jpg 768w, https:\/\/trybeem.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Get-High-Yield-Savings-Accounts-Like-CDs-1536x864.jpg 1536w, https:\/\/trybeem.com\/blog\/wp-content\/uploads\/2025\/06\/How-to-Get-High-Yield-Savings-Accounts-Like-CDs.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-build-a-hysa-strategy-that-mimics-cd-performance\">How to Build a HYSA Strategy That Mimics CD Performance<\/h2>\n\n\n\n<p>It\u2019s one thing to open a HYSA\u2014it\u2019s another to actually use it like a smart saver. Here\u2019s how to replicate the benefits of CDs without the lock-in.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"break-savings-into-multiple-goals\">Break Savings Into Multiple Goals<\/h3>\n\n\n\n<p>Where CDs lock all your money into one account, HYSAs let you segment your funds by purpose. Open separate HYSAs (or use sub-accounts if offered) for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Emergency savings.<\/li>\n\n\n\n<li>Upcoming purchases.<\/li>\n\n\n\n<li>Travel or gift budgets.<\/li>\n\n\n\n<li>Self-employment tax reserves.<\/li>\n<\/ul>\n\n\n\n<p>This approach gives you mental clarity and functional separation\u2014without losing interest-earning power.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"automate-deposits-like-a-cd-schedule\">Automate Deposits Like a CD Schedule<\/h3>\n\n\n\n<p>CDs demand a lump-sum deposit. But you can recreate that savings discipline by setting up:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Weekly<\/strong> or <strong>biweekly<\/strong> auto-deposits.<\/li>\n\n\n\n<li>A <strong>fixed monthly<\/strong> transfer schedule.<\/li>\n\n\n\n<li><strong>Paycheck splits<\/strong> (if your employer allows it).<\/li>\n<\/ul>\n\n\n\n<p>You\u2019ll grow your HYSA consistently, just like you would with a CD\u2014except you can stop, start, or increase deposits at any time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"monitor-apy-changes-regularly\">Monitor APY Changes Regularly<\/h3>\n\n\n\n<p>Because HYSAs have variable rates, you\u2019ll want to stay informed. Tools like Beem help you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Track rate changes on your current account.<\/li>\n\n\n\n<li>Compare top HYSA offers in real time.<\/li>\n\n\n\n<li>Get alerts when better opportunities appear.<\/li>\n<\/ul>\n\n\n\n<p>This way, you\u2019re never stuck earning 3.5% when 5.25% is just a few clicks away.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-if-you-still-want-some-cd-like-stability\">What If You Still Want Some \u201cCD-Like\u201d Stability?<\/h2>\n\n\n\n<p>If you love the idea of a locked rate and guaranteed return, you don\u2019t have to give it up entirely. Here\u2019s how to build a hybrid strategy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Keep 60\u201370% of your short-term savings in a HYSA.<\/li>\n\n\n\n<li>Allocate 30\u201340% to a short-term CD (6\u201312 months).<\/li>\n\n\n\n<li>Use a laddering technique with multiple CDs: stagger terms so one matures every 3\u20136 months.<\/li>\n<\/ul>\n\n\n\n<p>This gives you stability and liquidity\u2014and a clearer picture of your overall savings growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"dont-lock-your-money-let-it-work-for-you\">Conclusion<\/h2>\n\n\n\n<p>CDs had their place. They offered structure, safety, and predictable growth. But in 2025, you no longer need to trade access for returns. High-yield savings accounts give you the best of both worlds. Whether you&#8217;re building your emergency fund, preparing for a significant purchase, or just looking to earn more from your idle cash, the right HYSA can help you do it\u2014without compromise.<\/p>\n\n\n\n<p>And if you\u2019re not sure where to begin? <a href=\"https:\/\/trybeem.com\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/trybeem.com\/\" rel=\"noreferrer noopener\">Beem<\/a> makes it easy. Compare real-time HYSA rates, set savings goals, automate deposits, and access short-term liquidity through <a href=\"https:\/\/trybeem.com\/get-instant-cash-advance\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/trybeem.com\/get-instant-cash-advance\" rel=\"noreferrer noopener\">Everdraft\u2122<\/a> when life throws a curveball. Locking up your money is a thing of the past. With a strong HYSA, you can grow, access, and protect it\u2014all in one place. Download the app <a href=\"https:\/\/apps.apple.com\/us\/app\/beem-better-than-cash-advance\/id1525101476\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/apps.apple.com\/us\/app\/beem-better-than-cash-advance\/id1525101476\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"fa-qs-on-getting-hysa-like-returns-without-c-ds\">FAQs on How to Get High-Yield Savings Accounts Like CDs<\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1748841917701\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">Can HYSAs match or outperform CDs?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Yes. In 2025, many top HYSAs offer equal or better APYs than 1-year CDs. And because you can withdraw anytime and add funds freely, the flexibility often outweighs the slight rate differences.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1748841939692\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">Is my money safe in a HYSA?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Absolutely\u2014as long as it\u2019s held at a FDIC-insured bank (or NCUA-insured for credit unions). You\u2019re protected up to $250,000, just like with CDs.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1748841949442\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">What happens if interest rates fall after I open a HYSA?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Your APY may drop, but your principal won\u2019t. Unlike investment accounts, you won\u2019t lose money. Platforms like Beem can help you switch to better-rate HYSAs if yours falls too far behind.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1748841957525\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">Can I open multiple HYSAs?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>Yes\u2014and it\u2019s encouraged. You can segment your savings goals, compare provider rates, and stay flexible. Just make sure each is FDIC-insured and easy to manage.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1748841975243\" class=\"rank-math-list-item\">\n<h2 class=\"rank-math-question \">What\u2019s better: CDs or HYSAs?<\/h2>\n<div class=\"rank-math-answer \">\n\n<p>For most people, HYSAs are the better choice. You\u2019ll get comparable yields, more control, no penalties, faster setup and easier tracking and automation. However, CDs still make sense for conservative savers with large sums who don\u2019t need liquidity for long stretches.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Certificate of Deposit (CD) has been a staple of conservative savings strategies for decades. Known for offering higher interest rates in exchange for locking up your money for a set period of time, CDs have appealed to people who want guaranteed returns without stock market volatility. But in 2025, many savers ask: Is there [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":268688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3106],"tags":[1930,6117,3926,15154,3838,337],"edited-by":[],"class_list":["post-267777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-save","tag-cd","tag-certificates-of-deposit","tag-high-yield-savings-account","tag-how-to-get-high-yield-savings-accounts-like-cds","tag-hysa","tag-save"],"acf":[],"_links":{"self":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/267777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/comments?post=267777"}],"version-history":[{"count":7,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/267777\/revisions"}],"predecessor-version":[{"id":268689,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/267777\/revisions\/268689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/media\/268688"}],"wp:attachment":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/media?parent=267777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/categories?post=267777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/tags?post=267777"},{"taxonomy":"edited-by","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/edited-by?post=267777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}