Motley Fool Money Make the Most of Your Cash and Credit Cards
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Oct 4, 2025 Brendan Byrnes, managing director at Motley Fool Money, shares expert insights on navigating the changing landscape of cash and credit amid recent Federal Reserve rate cuts. He discusses how to secure the best high-yield cash options and the importance of matching credit cards to spending habits for optimal rewards. Brendan also dives into the rising costs of premium credit cards and the necessity of establishing an emergency fund, especially as economic uncertainties loom. Tune in for practical strategies to enhance your financial health!
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Which Rates Move Fast Vs. Slow
- CD rates are the stickiest because you lock in the APY when opening a CD.
- Other rates like high-yield savings and new CDs will move down with Fed cuts but timing varies by institution.
Target Minimum Yields For Cash
- Move cash into high-yield savings accounts paying at least 3% today and consider accounts around 3.5% or higher.
- Use CDs around 4% or higher and build a ladder across durations to lock better yields.
Pick Cards By Use And Effort
- Choose credit cards based on your credit score, spending patterns, and willingness to optimize rewards.
- Use flat-rate cards for simplicity or travel/premium cards if you can justify the annual fee through credits and perks.