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k032 t1_jad52v7 wrote

Kind of depends on what it is for.

If it's an emergency fund, then HYSA, you can find savings accounts with much better interest (especially right now) than 0.01%. If it's money you're saving up for something, a CD could make sense and can earn a little more than HYSA over a period of time guaranteed.

I assume it's not long-term like retirement savings? Given you said you have other investment accounts.

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paradigmGT OP t1_jad71t2 wrote

It is not long term. I would like to keep it relatively liquid for upcoming house renovations, or possibly getting into another real estate investment.

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