Ways to Earn 4% Interest on Your Money This February

The Federal Reserve’s recent interest rate cuts have created opportunities for savers to earn 4% or more on their money. With traditional savings accounts offering low rates, options like high-yield savings accounts, 6-month CDs, and money market accounts can provide better returns. High-yield savings accounts and money market accounts typically offer variable rates, while CDs offer fixed rates until maturity. Savers should explore these alternatives to combat inflation and enhance their savings.