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15 top 3-month CDs for December 2023

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Maximizing the returns on your savings is simple with these 3-month CDs, which offer some of the highest APYs on the market.

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Anyone who’s planning to borrow money soon knows that this may not be the best time to do so. After all, the Federal Reserve has raised interest rates 11 times over the last 18 months to try and get inflation under control. And while the Fed’s benchmark rate doesn’t directly set the rates on loan products, it does have a big influence on the rates you’ll get on everything from mortgages to personal loans and credit cards. In turn, those Fed rate increases have caused borrowing to become a lot more expensive than it was just a few years ago. 

But if you’re planning to save money instead, this is a great time to do so. That’s because the Fed’s rate increases haven’t just impacted lending rates; they’ve also caused the rates on interest-bearing accounts, like high-yield savings accounts, high-yield checking accounts and certificates of deposit (CDs), to climb exponentially. So, by putting your savings into one of these accounts today, you can grow your savings safely and easily.

If you opt for a CD, you’ll lock in the interest rate you get when you open the account, meaning that you’ll earn the same great interest rate throughout the full CD term. That can be a big benefit in an uncertain economy. And while you have plenty of options to choose from, it’s the short-term CDs, like 3-month CDs, that currently offer some of the highest rates around. But if you want to maximize your earning potential, it’s important to know exactly which 3-month CDs are offering the best APYs right now.

Learn more about the best CDs available to you here.

15 top 3-month CDs for December 2023

If you’re looking for a short-term CD with a high APY, these 3-month CDs may be worth considering: 

  • Dow Credit Union — 5.65% APY: This CD has a $500 minimum opening deposit requirement; the early withdrawal penalty is three months of interest
  • TotalDirectBank — 5.66% APY: This CD has a $25,000 minimum opening deposit requirement; the early withdrawal penalty is one month of interest
  • Boeing Employees Credit Union — 5.60% APY: This CD has a $500 minimum opening deposit requirement; the early withdrawal penalty is one month of interest
  • BECU – 5.60% APY: This CD has a $500 minimum opening deposit requirement; early withdrawal penalty is one month of interest
  • Signature Federal Credit Union — 5.55% APY: This CD has a $500 minimum opening deposit requirement; the early withdrawal penalty is one month of interest
  • Charles Schwab — 5.51% APY: This CD has a $1,000 minimum opening deposit requirement; there is no early withdrawal penalty with this CD
  • Merrick Bank — 5.50% APY: This CD has a $25,000 minimum opening deposit requirement; the early withdrawal penalty is three months of interest
  • Fidelity Investments — 5.40% APY: This CD has a $100 minimum opening deposit requirement; there is no early withdrawal penalty with this CD
  • iGObanking — 5.35% APY: This CD has a $1,000 minimum opening deposit requirement; the early withdrawal penalty is three months of simple interest
  • Interior Federal Credit Union — 5.22% APY: This CD has a $500 minimum opening deposit requirement; the early withdrawal penalty is one month of interest
  • All In Credit Union — 5.12% APY: This CD has a $1,000 minimum opening deposit requirement; the early withdrawal penalty is three months of interest
  • Brilliant Bank — 5.10% APY: This CD has a $1,000 minimum opening deposit requirement; the early withdrawal penalty is half of the interest that would have been earned if the CD had been held to maturity
  • Popular Direct — 5.10% APY: This CD has a $10,000 minimum opening deposit requirement; the early withdrawal penalty is 89 days of interest
  • Pen Air Federal Credit Union — 5.00% APY: This CD has a $500 minimum opening deposit requirement; the early withdrawal penalty is three months of interest
  • Farmers Insurance Federal Credit Union — 5.00% APY: This CD has a $1,000 minimum opening deposit requirement; the early withdrawal penalty is three months of interest

Explore today’s top CD options online here.

The bottom line

This is a great time to take advantage of what a 3-month CD can offer. Between today’s high rates and the short commitment time, this type of CD can be a smart option for nearly every type of saver. And, if you’re unsure of whether you’ll need access to your money sooner rather than later, a CD term this short can be a good compromise between maximizing your interest returns and maintaining access to your money. 



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Coldplay on their record-breaking world tour

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Coldplay on their record-breaking world tour – CBS News


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Twenty-five years after their first hit record, Coldplay’s current world tour, which Billboard calls “the biggest rock tour of all time,” has earned more than a billion dollars and sold more than 10 million tickets. During a stop in Dublin, correspondent Anthony Mason catches up with Chris Martin, Will Champion, Guy Berryman and Jonny Buckland to talk about “Moon Music” (the band’s tenth studio album), the songwriting process, and their future playing together.

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Coldplay on their record-breaking world tour: “We’re having such a great time”

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Dublin’s Grafton Street was mobbed last month when word spread that Coldplay was coming to shoot the video for their new single, “We Pray.”

“I was a little nervous for you there in the beginning,” said Mason.

“Yeah, but you have to just trust in the goodness of people – and the proficiency of the police!” laughed Chris Martin.

Martin was joined by collaborators Burna Boy, Tini, Elyanna and Little Simz. “The five of us actually had never actually played the song in the same place before,” said Martin. “So, our first time doing it was on the street in the middle of all those people.”


Coldplay – WE PRAY (TINI Version) (Official) by
Coldplay on
YouTube

Coldplay was in Dublin for four sold-out nights at Croke Park, on their “Music of the Spheres” world tour. With more than 10 million tickets sold, and box office of over $1 billion, Billboard has crowned it “the biggest rock tour of all time.”

Mason asked drummer Will Champion, “You guys are in the middle of literally a record-breaking tour. Does it feel like that to you?”

“Sometimes it’s hard to see the woods for the trees,” Champion replied. “We’re aware that we’re having such a great time. We’re really enjoying ourselves.”

“It definitely was extremely loud last night,” said bassist Guy Berryman.

Champion, Berryman, Martin and guitarist Jonny Buckland haven’t always felt the love, especially in the early years. But critics, who once asked “Why does everyone hate Coldplay?” are now calling them “the 21st century’s defining band.”

“It seems like you’ve kind of been fully embraced even by the music critics,” said Mason.

“Well, you’re very sweet. I mean, that’s just not true!” laughed Martin.

“I don’t think you’re ever fully embraced,” said Buckland.

“Also, we are really not a rock band,” said Martin. “So, when we’re judged by those parameters, we’re always gonna come up short. One thing I’d say that we’ve become more comfortable with is just being ourselves.”

Their catalog of hits stretches across a quarter of a century. Martin said, “The truth of it is, some songs arrive fully formed, basically – not Jonny’s parts or Will’s or Guy’s parts, but my part. And those are the rarest, but they’re always the best, the ones that I had least to do with.”

“But sometimes they’re the hardest to produce, because you don’t want to ruin them!” laughed Buckland.

Martin says he can feel that right away: “Definitely, yeah. The songs of ours that have connected with the most people, they connected with me first. I was like, ‘Oh, this is really good!’ ‘Yellow,’ ‘Viva La Vida,’ ‘Fix You,’ ‘Sky Full of Stars.’ They just land.”

“Viva La Vida” by Coldplay:


Coldplay – Viva La Vida (Official Video) by
Coldplay on
YouTube

“So, in a strange way, you’re listening to it, you’re the first person to listen to it; that’s what it feels like,” said Martin. “With the song ‘We Pray,’ we were in Taiwan on tour about ten months ago. I think it was after a show and I woke up in the middle of the night, this song was just in my head called ‘We Pray.’ And it said, ‘You have to get outta bed and do this now.'”

Coldplay performed “We Pray” with their collaborators on stage for the first time in Dublin. “To have heard a song in the middle of the night in Taiwan and then ten months later it’s on stage in Dublin? I mean, that’s in itself an amazing journey,” Martin said.

Martin started writing songs at a young age: “The first one arrived when I was about 11,” he said.

Martin is always writing, even while on the road. Every morning, he sits down to write freeform – whatever he’s thinking about. “I do that as a way of staying sane!” he laughed. “For 12 minutes in the mornings, I write anything that’s in my head, and it’s often very terrible and very depressed or very anxious, or all of the stuff that you don’t really want anyone else to hear, but you need to release. So, I do that for 12 minutes, and then I burn it.”

“You literally light it on fire?” asked Mason.

“Yeah, or tear it up and flush it away. And it just kind of gets rid of so much nonsense,” Martin said. “Definitely helps in a band, too. Because in the old days we would have a lot more tension and a lot more volatility. But that’s calmed down a lot.”

Buckland was asked about the incredible sense of community at their concerts. “I think this is the point where we are most happy,” he said. “I think we got to that point by being in a band for 25 years and then finally it sort of all clicking into place.”

“Is that just a process of time?” asked Mason.

“Well, I think a process of time and hard work,” said Martin. “We’ve worked quite hard on how we communicate with each other and giving each other space. We tour a lot slower now. We only do about 65 shows a year, which isn’t that many.”

Coldplay’s new record, “Moon Music,” is the band’s tenth studio album.

Martin has said the band would release its last album in 2025. “It was right and it was wrong, like most things I say,” Martin explained. “We are only going to do 12 proper Coldplay albums, but we’re a little bit behind. Not too far behind!”

Buckland explained, “We’re asking for an extension!”

So, why 12 albums? “That’s just what it’s supposed to be,” Martin replied. “I don’t think anyone needs more than that from us. The Beatles did 12.” 

Mason asked, “Do you guys have other things you want to do? Is that part of this?”

“Not at all. We’d like to keep playing live,” said Martin.  

“So, that goes on?”

“Oh, yeah, yeah – that gets better and better,” Martin said.

“Don’t wanna stop Coldplay,” said Buckland.  

You can’t stop Coldplay. Chris Martin says he has to keep sprinting across stadiums.

Why does he have to? “I think it’s like asking an apple tree why does it make apples?” Martin replied. “That’s ’cause that’s what I was made to do. And also, I’m really happy doing it.”

Coldplay performs “feelslikeimfallinginlove” at Glastonbury 2024:


Coldplay – feelslikeimfallinginlove (Glastonbury 2024) by
BBC Music on
YouTube

For more info:

     
Story produced by Jon Carras. Editor: Mike Levine.

     
See also:



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President Joe Biden on Jimmy Carter’s 100th birthday

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On Tuesday, former President Jimmy Carter turns 100 years old. Among those wishing him well is a man who understands the trials of life in the Oval Office, our current President, Joe Biden:


Mr. President, on behalf of the entire Biden family, and the American people, Happy 100th Birthday!

Mr. President, you’ve always been a moral force for our nation and the world. I recognized that as a young senator. That’s why I supported you so early. You’re a voice of courage, conviction, compassion, and most of all, a beloved friend of Jill and me and our family.

We know this is the first birthday without Rosalynn. It’s bittersweet, but we also know she’s always with you. She’s in your heart; she’ll never go away. She may be gone, but she’s always going to be with you. She’s always there, and I know you know that.

Your hopeful vision of our country, your commitment to a better world, and your unwavering belief in the power of human goodness continues to be a guiding light for all of us.

You know, you’re one of the most influential statesmen in our history. Even after you left office, the moral clarity you showed throughout your career showed through again in your commitment through the Carter Center and Habitat for Humanity – resolving conflicts, advancing democracy, preventing disease, and so much more. It’s transforming the lives of people not only at home but around the world.

Put simply, Mr. President, I admire you so darn much.

Jill and I send to you and your incredible family our love. May God continue to bless you, Mr. President. You’ve been a good friend.

     
Gallery:
President Jimmy Carter

Gallery: Carter before the White House

     
For more info:

    
Story produced by Robert Marston. Editor: Steven Tyler.

     
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