Here's How Much You Can Earn by Depositing $5,000 into a CD Now

Whatever amount you have to put away, it can grow faster in a CD. Rmcarvalho/Getty Images A certificate of deposit can help you grow your money safely and reliably. Your rate is locked in when you open a CD, and your funds are protected by federal deposit insurance, so you'll enjoy low-risk, predictable returns in any economy. And in an economy as shaky as today's, these perks can be especially valuable. Today's best CDs can earn up to 4.50% annual percentage yield (APY). That's more than three times the national average for some terms. What will that look like for your bottom line? To give you an idea, here's how much interest you'll net by depositing $5,000 into a top CD today. Read more: Best CD Rates for April 2025: APYs up to 4.50% Help You Maximize Your Money 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 ... Read full article.