When it comes to deciding where to invest your hard-earned money, the choice between a certificate of deposit (CD) and a high-yield savings account can be a tough one. CBS News recently conducted a series of analyses to determine which option could potentially earn you more interest.

In one comparison, a $10,000 6-month CD was put up against a $10,000 high-yield savings account. The results revealed that the CD outperformed the savings account in terms of earning potential.

Similar findings were observed in another study, this time with a $25,000 6-month CD and a $25,000 high-yield savings account. Once again, the CD came out on top as the more lucrative investment option.

Even in the scenario of a $20,000 short-term CD versus a $20,000 high-yield savings account, the CD was found to be the better choice for earning more interest.

The analyses, conducted in July 2025, suggest that CDs may offer higher yields compared to high-yield savings accounts, making them a potentially more attractive option for investors looking to maximize their savings.