If I am reading correctly, Vanguard Prime Money Market Fund's yield is down to 1.69%. My savings account is down to 1.7%. So I'm considering of moving some of my cash/emergency fund to No-Penalty CDs which are yielding 2% with a 11-month term.
If I need access to the cash before 11-months, I'd have to withdraw the full amount of the CD, so I'm thinking of opening multiple of them in partial increments. Good idea or bad idea?