Here's how to earn $300 with a CD account now

MoneyWatch: Managing Your Money Here's how to earn $300 with a CD account now 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 June 8, 2026 / 1:16 PM EDT / CBS News Add CBS News on Google With the right deposit amount, savers can earn a $300 return with a CD account in less than a year. Juanmonino/Getty Images Certificate of deposit (CD) accounts are valuable savings tools that can allow you to accomplish multiple goals at once. Want to protect your money in today's unpredictable interest rate climate? A CD can help thanks to the account's fixed interest rate. Want to earn a rate that's higher than many high-yield savings and money market accounts and exponentially higher than a traditional savings account? A CD with a rate over 4% now can meet that threshold. And, if you want to add another layer of financial security, a CD can help there, too, thanks to the FDIC insurance provided on accounts worth up to $250,000.Those aren't the only benefits savers should consider now, however, especially in today's uncertain economic climate. CDs can also be smart ways to earn sizable returns on your money, as long as you're able to keep the funds untouched until the account matures. There are multiple ways to earn thousands of dollars with a CD now, for example, though those tend to involve larger deposits and extended terms. For savers looking to easily earn a few hundred dollars on their money, however, there are a few ways to consider. Below, we'll examine three ways in which savers can earn $300 wi...