$150,000 CD vs. $150,000 high-yield savings vs. $150,000 money market account: Which option earns more now?
With $150,000 to invest, the choice between a CD, high-yield savings account, and money market account depends on the time horizon and interest rate differences. Over three months, a high-yield savings account earns slightly more than a CD and money market account, but by six and nine months, a CD becomes the most profitable option. Money market accounts consistently offer lower returns compared to the other two across all time frames.
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MoneyWatch: Managing Your Money $150,000 CD vs. $150,000 high-yield savings vs. $150,000 money market account: Which option earns more 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 Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications.
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