Locking in a $40K CD Could Net About $800 This March

1 min read
Source: CBS News
Locking in a $40K CD Could Net About $800 This March
Photo: CBS News
TL;DR Summary

Opening a $40,000 6‑month CD this March could earn roughly $792–$812 by its September maturity depending on the rate (about $800 total), with principal protected by FDIC insurance and the flexibility to access funds after six months. Rates vary by lender, so shop around and lock in quickly before rates drift lower with anticipated Fed changes.

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