How you can earn more with a long-term CD - CBS News

Overall, long-term CDs are a smart investment option for people seeking a high-yield, low-risk investment option. Longer CD terms … See more

CouponFollow Extension

$10000
OFF

Why You Should Open A $10,000 Long-term CD For 2025 - CBS News

3 weeks from now

Dec 10, 2024 · And they should strongly consider depositing it into a long-term CD, which matures in more than 12 months, specifically. Below, we'll explain why. See how much more …

cbsnews.com

80%
OFF

How Much Can You Earn With A Long-term CD? - CBS News

3 weeks from now

Jul 3, 2023 · However, with a CD term this long, make sure you can commit to the full term without needing to withdraw. The account earns 3.80% APY with a minimum deposit of $2,500.

cbsnews.com

30%
OFF

3 CD Accounts Still Worth Opening For 2025 - CBS News

3 weeks from now

15 hours ago · 18-month CD at 4.30%. Rates on 18-month CDs aren't quite as high as 1-year CDs, but that can be a sacrifice worth making. Using that $10,000 deposit as an example, …

cbsnews.com

$10000
OFF

Here’s How Much You Can Earn If You Deposit $10,000 Into A CD …

3 weeks from now

Dec 27, 2024 · She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products.

cnet.com

5%
OFF

Why You Should Open A Long-term CD Now - MSN

3 weeks from now

It's true that long-term CDs offer slightly lower rates than short-term CDs today — some top long-term CDs max out around 4.5%, while six-month to one-year CDs may be higher than 5%. But …

msn.com

25%
OFF

Why You Should Open A Long-term CD Before The July Fed Meeting …

3 weeks from now

See what long-term CD rate you can secure now.. Rates may be cut soon. Sure, most experts expect the federal funds rate — currently stuck at a range between 5.25% and 5.50% — to …

msn.com

35%
OFF

How To Earn Big CD Returns As Interest Rates Are Cut

3 weeks from now

Oct 9, 2024 · The more you deposit into a CD, the more you stand to earn. A $5,000 deposit into a 5-year CD with a 4.35% rate will result in an almost $1,200 profit. If you double your deposit, …

breakingmn.com

50%
OFF

Why A Long-term CD Is Better Than These 3 Alternatives Now

3 weeks from now

Dec 4, 2024 · Why a long-term CD is better: Crunch the numbers.A $10,000 deposit into a 6-month CD at a 4.50% rate results in a minimal $222.52 earned upon account maturity. …

cbsnews.com

$10000
OFF

How Much Will A $10,000 CD Earn If Opened This October?

3 weeks from now

Oct 10, 2024 · As demonstrated, you can make hundreds of dollars in just a few months by depositing $10,000 into a CD right now. But the big money returns come with long-term …

breakingmn.com

$10000
OFF

How Much Will A $10,000 CD Earn At Today's Lower Rates? - CBS News

3 weeks from now

15 hours ago · The bottom line. A $10,000 CD can still earn savers hundreds and possibly thousands of dollars, depending on the term, rate and lender.But it will require slightly more …

cbsnews.com

$10000
OFF

Is A $10,000 1-year CD Worth Opening For 2025? - CBS News

3 weeks from now

1 day ago · See how much more you could earn on your money with a top CD here. While every saver's financial situation differs, there's a compelling case to be made for opening a $10,000 …

cbsnews.com

35%
OFF

How To Earn Big CD Returns As Interest Rates Are Cut - CBS News

3 weeks from now

Oct 9, 2024 · Consider a larger deposit. The more you deposit into a CD, the more you stand to earn. A $5,000 deposit into a 5-year CD with a 4.35% rate will result in an almost $1,200 profit.

cbsnews.com

2%
OFF

Why You Should Open A CD With An Online Bank This January

3 weeks from now

1 day ago · At that rate, you would earn $450 in interest during your CD term, compared to just $200 at a traditional bank offering 2% – resulting in a difference of $250 in just one year.

cbsnews.com

5%
OFF

How Much Should You Deposit In A CD Right Now? Here's What

3 weeks from now

Dec 26, 2024 · From mid-2023 to September 2024, many banks offered attractive certificate of deposit (CD) rates of around 5%. But now that the Federal Reserve has been cutting rates, …

cbsnews.com

FAQs about How you can earn more with a long-term CD - CBS News Coupon?

How much money can you earn with a long-term CD?

For a long-term CD with the same account details, a $10,000 deposit could grow by $2,461 over the five years, for a total balance of $12,461 upon maturity. Also, remember that a big benefit of earning interest with long-term CDs is the ability to compound your interest over the CD term. ...

Is a long-term CD a good investment?

Even though long-term CD interest rates are slightly lower than you'll find with short-term CDs, you'll still get a significant return over the longer time period. Because of that long time commitment, a long-term CD may even grow more than you expect over the account's lifetime. ...

Can you earn interest on a long-term CD?

Also, remember that a big benefit of earning interest with long-term CDs is the ability to compound your interest over the CD term. Some banks may display both a CD interest rate and APY on their websites. That's because, while you'll pay a fee to withdraw your deposit early, you may be able to cash in your interest earned without any penalty. ...

Should you buy a $10,000 long-term CD account online?

Compare that to the unpredictable returns you may be relying on tied to other savings accounts and investments and the benefits of a $10,000 long-term CD become even clearer. That noted, if you're looking for the highest rates and best terms, it may require the use of an online bank to obtain both. Get started with a top CD account online now. ...

Are long-term CD rates still high?

Long-term CD rates, while not as high as the most competitive short-term versions, are still elevated, with some as high as 5.75% right now. With a 3-year CD at that rate, savers stand to earn hundreds and possibly thousands of dollars, depending on the initial deposit amount. ...

Should you buy a long-term CD?

Long-term CDs can offer just that. Granted, if rates rise post-CD opening, you won't be able to take advantage (unless you to expire at different times). But that's less of a concern than losing out on the opportunity to rake in big returns – even when rates are inevitably reduced at some point in the future. ...