$40,000 CD account vs. $40,000 high-yield savings account: Which can earn more in 2026?
Both savings vehicles have competitive interest rates now, but only one offers predictable, guaranteed interest.
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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. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
Both savings vehicles have competitive interest rates now, but only one offers predictable, guaranteed interest.
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