What Kind Of Savings Account Should I Put My $20,000 Fellowship In?

I have just had a fellowship in the amount of $20,000 deposited in my checking account but I won’t actually be using it until September. What kind of savings account should I put it in? A 6 month cd?

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2 Responses to What Kind Of Savings Account Should I Put My $20,000 Fellowship In?

  1. Anonymous says:
    May 14, 2009 at 6:36 am

    A high interest savings acout or a short term term deposit wuold be your best options.

  2. kckid2 says:
    May 14, 2009 at 6:36 am

    ING Direct.
    Treasury Bills.
    6 mo. CD