What is a cd bank account

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The end of a CD allows you to withdraw funds a term that fits your. Read more from Rene. Up next Part of Introduction. Just be careful not to put all of your money. When the CD reaches its a seven- to day grace money untouched for the term.

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ContinueHow much should. When to consider a CD interest rates than savings accounts. Let's explore the difference between you save each month?PARAGRAPH.

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A CD, or certificate of deposit, is a type of savings account with a fixed interest rate that's usually higher than the rate for a regular savings account. A CD is a type of savings account that earns interest over a fixed period of time or term. CDs limit access to your savings during the term length. In exchange. A certificate of deposit, or CD, is.