Should you lock in a CD or stay liquid in a HYSA?
Compare guaranteed fixed CD returns against high-yield savings flexibility. Evaluate real-time compound growth, penalty risks, and early exit opportunity costs.
Calculator Parameters
Tip: CDs guarantee your rate for the full term. HYSA rates are variable and may drop if the Federal Reserve cuts interest rates.
Full Term Interest Comparison
12 MonthsEarly Break Scenario & Penalty Risk
What if you need liquidity and break the CD at Month 6?
Top High-Yield Offers for You
Vetted accounts with market-leading yields, FDIC insurance, and zero hidden fees.
SoFi High-Yield Savings
Top HYSA Pick • Flexible Cash Access
- No minimum deposit or account balance rules
- Withdraw or transfer penalty-free at any time
- FDIC insured up to $2M through partner network
Marcus 12-Month CD
Top CD Pick • Goldman Sachs Bank USA
- Lock in fixed high yield against expected rate drops
- Daily compounding interest for max returns
- FDIC insured up to $250,000 per depositor
* Disclosure: YieldWise is an independent publisher. We may receive compensation from partners when you click on affiliate links. Rates, terms, and APY figures are updated regularly but are subject to change by financial institutions at any time.