How much interest can a 3-month CD account earn this May?
A 3-month certificate of deposit (CD) can offer savers a fixed interest rate, providing short-term financial protection amid economic uncertainty this May. With top rates around 3.90%, earnings vary based on deposit size, offering predictable returns upon maturity. While high-yield savings accounts may offer slightly higher variable rates, CDs provide stability and disciplined saving for those seeking guaranteed returns.
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MoneyWatch: Managing Your Money How much interest can a 3-month CD account earn this May? 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 April 30, 2026 / 1:58 PM EDT / CBS News Add CBS News on Google A 3-month CD account has multiple advantages for savers this May.
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