Here’s how much interest a $100,000 18-month CD can earn savers now

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September 1, 2026 / 3:44 PM EDT / CBS News

Moving any amount of money into a certificate of deposit (CD) account should always be done strategically. And that's especially true when there's a large, six-figure amount of money under consideration. When considering a long-term account, specifically, even more care should be taken, as maintaining an account of this length to maturity will generally be more difficult to complete, especially if you have $100,000 locked away. But these considerations shouldn't necessarily be enough to discount the benefits a $100,000 18-month CD offers savers right now, either.

With inflation still high, borrowing costs expected to rise further in the weeks ahead and credit card balances already impacting your money, protecting a large portion of it for the next year and a half makes a lot of financial sense right now. And with interest rates on 18-month CDs, in particular, higher than what's available with most other terms, this can be a particularly lucrative move to make, too. Still, early withdrawal penalties on account of this length and size will be costly…

Original source: https://www.cbsnews.com/moneywatch/