3 CD account moves to make this March

MoneyWatch: Managing Your Money 3 CD account moves to make this March We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. 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 March 3, 2026 / 4:18 PM EST / CBS News Add CBS News on Google In the elevated interest rate environment of 2023 and 2025, opening a certificate of deposit account was less about timing and strategy and more just about taking rapid action. With interest rates on some accounts as high as 6% and 7% , it behooved savers to open an account with as much money as they could afford to leave untouched. If they did, they were often rewarded with interest earnings worth hundreds and potentially thousands of dollars. However, the interest rate climate of March 2026 is noticeably different. Interest rates are lower than they were two years ago, and they could soon decline again if the Federal Reserve resumes its interest rate-cut campaign , as is widely expected later this spring and summer. And some banks may not even wait for that to happen to lower their rate offers to savers. Against this different backdrop, savers will need to be much more judicious when approaching their CD account options. That doesn't mean that they shouldn't still pursue the account (they remain viable, secure and profitable), but it does extend to making the right moves this March. Below, we'll detail three specific CD account moves these savers should consider now. Start by seeing how much interest you could be earning with a high-rate CD account here . 3 CD account moves to make this March While the following moves won't guarantee CD investing success, they can help offset some simple mistakes and help saver...