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July 27, 2026 / 12:28 PM EDT
/ CBS News
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Thinking of transferring $40,000 into an 18-month CD now? Here's how much interest you would earn if you did.
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By
July 27, 2026 / 12:28 PM EDT
/ CBS News
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A $40,000 3-month CD account has multiple advantages for savers who act now. Here's what to consider.

Long-term CD accounts offer extended financial protection and big returns for those looking to deposit $40,000 now.

A $40,000 1-year CD account will produce a substantial return for savers (and it will be available by next summer).

A 2-year CD account can protect your money for an extended period and provide a sizable return once it's matured.

A $40,000 long-term CD will provide extended protection for your money and a big return once the account matures.

A $40,000 short-term CD can earn a significant return for savers now. But that's not the only advantage to know.