<prompt> Human: Im just starting out in the work force. Right now I have about 900 in a checking account and have 700 I want to put in savings. My banks interest rate for a regular savings account is 0.02, where as a 1 year CD has a rate of 1.37. Which would be the best choice. I dont foresee having any major unexpected expenses but who knows.  <response>: If youre willing to open another banking account, you can get the best of both worlds with a high-yield savings account. Right now you can get better than a 1.37 savings rate while still having easy access to your money. Just search for high yield savings and you should be able to find rates better than 1.7. 