How much interest can a $50,000 CD account earn if opened now?

A $50,000 deposit can result in a substantial return for savers who open a CD account this month. BanksPhotos/Getty Images If you have $50,000 available in today's economy, you'll want to be more judicious with where you keep it than you may have normally been. With inflation surging, pay lagging and higher interest rates continuing to keep borrowing costs elevated, you'll want to keep this money in an account that will both protect the principal and grow the interest competitively. And few account types can effectively do both, at least not as well as a certificate of deposit (CD) account can right now. CD interest rates are around 4% or higher right now. Those rates are fixed and will hold through the account's maturity date . And the account is FDIC-insured up to $250,000, giving you five times the protection you'll need with a $50,000 deposit. Because rates are so high, too, the returns you can expect with a five-figure CD account will be substantial. That return is simple to calculate with precision as well, thanks to that fixed rate. So, how much interest can a $50,000 CD account actually earn if opened right now? Below, we'll crunch the numbers that savers will want to know before getting started. Start earning more interest on your money with a high-rate CD account here . How much interest can a $50,000 CD account earn if opened now? With a $50,000 CD account, savers will easily be able to earn hundreds of dollars worth of interest and potentially thousands. …