If You Deposit $5,000 Into a CD Now, Here's How Much Interest You'll Earn

In an economy marked by turmoil and uncertainty, a certificate of deposit can be a smart way to keep your money safe. It can also provide guaranteed returns since your rate is locked in when you open the account. A savings account, by contrast, has a variable rate, which can change at any time with market conditions. Today's best CDs boast annual percentage yields, or APYs, up to 4.50% -- more than three times the national average for some terms. To get an idea of how much interest that could earn you, here's a look at what you'd earn by depositing $5,000 into a top CD today. Read more: Best CD Rates for March 2025: Boost Your Earnings With APYs up to 4.65% How much can you earn by depositing $5,000 into a CD? If you have $5,000 to put into a CD, here are some sample earnings for several popular term lengths: six months, one year, three years and five years. Your earnings with a $5,000 deposit Term Top APY Bank Interest earnings CD value at maturity 6 months 4.50% CommunityWide Fe ... Read full article.