Based on live rates as of
Should I move my emergency fund now?
Yes
Yes — move it to the best-paying high-yield savings account, not a CD.
The best high-yield savings account pays 4.20% versus a 0.38% national average, worth about $955 a year on a $25,000 balance in forgone interest if it stays put. A 12-month CD (4.15%) is not paying meaningfully more than the best liquid option right now, so there is no rate trade-off to weigh against staying liquid.
Best high-yield savings
4.20%
Best money market account
4.10%
Best 12-month CD (for comparison only)
4.15%
Savings average
0.38%
This is general guidance from live SwitchWize rate data, not personalized financial advice. Verdicts reflect current rates and standard rules of thumb — run your own numbers before acting.