A $35,000 money market account can result in a big return on your money, but it's not the only advantage to know now.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
June 17, 2026 / 3:55 PM EDT
/ CBS News
Add CBS News on Google
Have $1,000 that you want to deposit into a money market account? Here's how much interest you can earn if you do.
A money market account has multiple advantages for savers in today's unique economic climate.
A $50,000 deposit will grow differently in a short-term CD than it will in a money market account, especially now.
Interest returns with all three account types will be similar, but they won't be identical. Here's what to know now.
Have $7,500 that you're looking to protect and grow? Here's how much interest you'd earn with these three accounts.
Interest earnings on a CD account of this size could be substantial and available to savers in just a few months.
