A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate as the Fed rate changes. CNBC Select will update as changes are made public. Cash App earned ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...