Here's how much interest a $150,000 2-year CD account can earn now
A 2-year CD account of this size could provide ample financial protection and a big return when it matures in 2028.
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September 14, 2026 / 3:07 PM EDT / CBS News
With an interest rate hike on the horizon from the Federal Reserve for later this week, many savers find themselves looking for secure homes for their money. Higher interest rates will lead to elevated borrowing costs and, combined with stubborn inflation , the purchasing power of the dollar could erode further. If savers lock their money into a certificate of deposit (CD) account , however, they'll protect their principal from volatile market conditions while earning a fixed rate of return worth around 4%. That's an attractive recourse for all savers, but especially those with large, six-figure amounts such as $150,000 that need protection now.
A 2-year CD merits serious consideration in this climate. By locking money into an account for the next two years, savers won't need to worry about adverse market conditions until September 2028. In the interim, they'll protect their principal and earn a return worth thousands of dollars all while being able to focus their attention on more pressing financial matters. With an early withdrawal fee hanging in the balance for those who can't maintain the account, however, and with that being steep on a CD of this size, it's helpful to begin with the interest-earning potential.
Locking this much money away for this long, after all, will need to be worth it. So, how much interest can a $150,000 2-year CD account actually earn savers right now? That's what we'll break down below.
Start earning more interest on your money by opening a CD account here .