$2,500 CD vs. $2,500 high-yield savings account vs. $2,500 money market account: Which will earn more over the next year?

Interest earnings on $2,500 will look different depending on which account it's deposited in. /iStockphoto Savers should always be exploring the best and most effective ways to grow and protect their money. And that's true whether the interest rate environment is elevated, as it is currently, or not. And it's true even for those savers looking for a home for smaller amounts of money. While a certificate of deposit (CD) , high-yield savings or money market account can all function as effective and valuable homes for a five or six-figure sum of money, the reality is that all three can also be smart places to keep smaller amounts, too. If you have $7,500 or even $2,500 to deposit, for example, all three accounts will allow you to earn exponentially more interest on your funds than you would if you kept your money in a traditional savings account now. At the same time, these accounts operate in similar but not identical ways. That means the interest rate structure will vary, as will the rates and subsequent returns on each. To best determine the merits of a $2,500 deposit into any of these accounts, it helps to know the interest-earning potential each now represents. Below, we'll crunch the numbers that savers should know before getting started. Start earning more interest on your money with a CD account now . $2,500 CD vs. $2,500 high-yield savings account vs. …