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August 5, 2026 / 2:23 PM EDT
/ CBS News
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A $40,000 9-month CD will produce a sizable return for savers who act now, but it's not the only benefit to consider.
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By
August 5, 2026 / 2:23 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.

Thinking of transferring $40,000 into an 18-month CD now? Here's how much interest you would earn if you did.

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

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

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