Interest earnings on a CD of this size and length will be substantial, but that's not the only advantage for savers.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
By
July 2, 2026 / 1:35 PM EDT
/ CBS News
Add CBS News on Google
If you want to protect and grow your $20,000 for an extended period, a long-term CD account is worth consideration.
Interest earnings on a CD account of this size could be substantial and available to savers in just a few months.
An 18-month CD will protect your money well into 2027 while allowing you to earn a substantial return in the interim.
Keeping $25,000 protected in a long-term CD can be a practical (and profitable) move for savers this July.
Interest earnings on a CD account will be significant and accessible in just a few months. Here's what to know now.
Interest earnings made with an $80,000 CD account will be substantial and available relatively quickly.
