Here's how much interest a $10,000 long-term CD can earn now

MoneyWatch: Managing Your Money Here's how much interest a $10,000 long-term CD can earn now 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 29, 2026 / 2:17 PM EDT / CBS News Add CBS News on Google Savers can safely and effectively grow their $10,000 by opening a long-term CD account now. athima tongloom/Getty Images If you're looking to earn an elevated return on your money, a certificate of deposit (CD) account could be one of the best options to choose. And if you're looking to avoid market uncertainty with a guaranteed return, the fixed interest rate the account offers can easily accomplish both goals. But if you're hoping to maintain flexibility and access to your money, a CD account may not be the right choice for you. In the interest rate environment many savers find themselves in, however, accessibility may not be nearly as important as earning as much interest on their money for as long as possible. For these savers, a $10,000 long-term CD may make a lot of sense now. This is enough money to earn a sizable return, but not so much as to totally drain the accounts of many. And with a long-term account, not only will the interest compound over 18 months or longer, but savers will enjoy extended protection on their funds against today's market instability thanks to that fixed interest rate. Still, to earn that return, savers will be required to give up access to their money, meaning that the result will need to be worth it. But will it be? Below, we'll break down exactly how m...