$90,000 CD vs. $90,000 high-yield savings account vs. $90,000 money market account: Here's which will earn more in one year

MoneyWatch: Managing Your Money $90,000 CD vs. $90,000 high-yield savings account vs. $90,000 money market account: Here's which will earn more in one year We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson May 28, 2026 / 12:42 PM EDT / CBS News Add CBS News on Google A CD account could be a viable home for your $90,000 in today's high-rate economic climate. witthaya_prasongsin/Witthaya Prasongsin /Getty Images Storing your $90,000 in a savings account may feel unconventional, but in today's unique economic terrain, taking an unconventional approach may be exactly what's needed. With inflation now at its highest point in three years, elevated interest rates on hold by the Federal Reserve for the foreseeable future and market uncertainty pronounced thanks to the war with Iran, many savers may understandably be looking for alternative ways to protect and grow their money. And that's especially true for those with larger amounts, such as $90,000. It's increasingly obvious, too, that keeping this much money in a traditional savings account, with an average rate of just 0.38% now, is a poor choice.Fortunately, there are three credible alternatives to consider: a certificate of deposit (CD), a high-yield savings and a money market account. All three have competitive rates that are outpacing inflation right now. And all three will protect your principal while effectively boosting your interest earnings at the same time. But they don't operate identically, and the interest rates on each will differ sl...