{
  "id": 5163027,
  "title": "3 CD account mistakes to avoid this September",
  "url": "https://urgent.news/2026/09/02/3-cd-account-mistakes-to-avoid-this-september",
  "topic": "world",
  "section": "World",
  "published": "2026-09-02T20:11:07.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/news/cd-account-mistakes-avoid-september-2026/"
  },
  "original_language": "en",
  "account": "Three critical CD account errors to steer clear of this September are discussed. Firstly, it's advised against opening a CD account prior to the Federal Reserve's September meeting. Although banks may not increase rates by the same percentage as the Fed, they do consider its guidance. Waiting to see if a higher rate can be obtained later in September is recommended. Next, the article suggests avoiding short-term CDs when long-term ones offer significantly higher interest rates. Even a slight difference in rates can lead to substantial interest earnings over time. Lastly, using your existing bank for a CD is discouraged in favor of online banks, which often provide more competitive rates and fewer fees. By steering clear of these three common CD account mistakes, savers can optimize their account management and maximize their returns.",
  "summary": "CDs can still be secure and profitable accounts for savers, assuming they avoid these three timely missteps.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}