$15,000 CD vs. $15,000 high-yield savings account vs. $15,000 money market account: Here's which is most profitable now

The amount of interest savers can earn with select accounts can still be considerable if opened right now. Glowimages Just $57. That's how much savers will earn in annual interest with a $15,000 deposit made into a traditional savings account now. With a barely noticeable average interest rate of 0.38% , rates here have actually declined, down from a 0.39% rate in March. Or, put another way, savers contemplating a $15,000 deposit into this account now can expect to earn a little more than $1 per week on their funds over the next year. But they don't have to. There are multiple high-rate savings account alternatives to consider now. And after the Federal Reserve kept interest rates on pause in its April meeting, and is likely to keep it frozen for the foreseeable future, savers can shop around for high-rate accounts with confidence, knowing that they're unlikely to drop during their search. There are three primary ones to consider for a $15,000 deposit now: a certificate of deposit (CD) account , a high-yield savings account and a money market account . All three come with competitive rates now, and all three will result in interest earnings exponentially higher than what the traditional savings account offers. But which, exactly, will be the most profitable? Below, we'll crunch the numbers savers need to know to determine which account is worth opening now. See how much interest you could be earning with a top savings account here . $15,000 CD vs. …