Here’s how much you’d earn by putting $10,000 in a CD for 5 years

Known for moderate earnings and minimal risk, certificates of deposit (CDs) aren’t exactly exciting — but that doesn’t mean you should overlook them. Though rates started dropping toward the end of 2024, CDs can still offer a good bang for your buck: Some of the highest-yielding CDs are currently earning more than 4% APY. If you’re looking for a deposit account that offers competitive returns and the safety of FDIC insurance, consider opening a CD. Not convinced? Read on to find out how much you could ear ...