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By
Kendall Little
Updated on: April 30, 2026 / 9:14 AM EDT
/ CBS News
When you open a CD, you'll lock in today's rates for the entire term. Here's how much you can earn.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
Kendall Little
Updated on: April 30, 2026 / 9:14 AM EDT
/ CBS News

Locking in today's top long-term CD rates could earn more than you'd expect over the life of the account.

Looking to lock in a high-rate CD account this May? Here's where interest rates could be heading in the month.

Want to take advantage of today's elevated CD rates? Here's how much interest a $10,000 3-month CD will earn now.

It's easy to find a CD account with an interest rate of 4.20% now. Here's how much interest that translates to.

An 18-month CD will protect your money well into 2027 while allowing you to earn a substantial return in the interim.

A $90,000 CD account may feel unconventional, but the interest-earning ability is still worth knowing for savers.