How much interest can a $100,000 3-year CD account earn savers at today's rates?
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
TL;DR
- 3-year CD accounts offer high interest rates, competitive with savings and money market accounts.
- A $100,000 deposit in a 3-year CD at 4.35% can earn $13,625.91; at 4.50%, it can earn $14,116.61.
- CDs provide a fixed, predictable return, safeguarding principal against market fluctuations.
- Early withdrawal penalties can be significant, making it crucial to commit funds for the full term.
- Online institutions may offer more competitive CD rates than traditional banks.
- Interest rates are anticipated to rise if the Federal Reserve increases its benchmark rate.