MoneyWatch: Managing Your Money
Why a $10,000 CD account is worth opening this May
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By
Matt Richardson
Have $10,000 in your savings account now? Here are three reasons why you should move into a CD account this month.
MoneyWatch: Managing Your Money
Why a $10,000 CD account is worth opening this May
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
Matt Richardson

A CD account has been especially worth opening in recent years, but especially so this July. Here's why.

Is it really worth opening a CD account now? Here are three signs indicating that it may be.

A $10,000 CD can generate serious interest — but only with the right term. Here's what to know about the math.

Interest earnings with a $10,000 deposit will look similar, but there are big differences savers should know first.

Returns on a $10,000 3-year CD account may be substantial, but that's not the only benefit for savers who act now.

Interest earnings on a CD account of this size and term will be substantial (and available in just 12 months).