Add on cd account

add on cd account

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An add-on CD is a type of CD that lets you add money to your account before the maturity period ends. In that way, it's similar to a savings. What are add-on CDs? Like a savings account, an add-on CD allows you to add money to the account after you make the initial deposit. Banks. An add-on certificate of deposit (CD) is an interest-bearing, time deposit account offered by banks and credit unions. Unlike a traditional CD, an add-on CD.
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    calendar_month 30.01.2023
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    calendar_month 02.02.2023
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Pros and Cons A certificate of deposit CD is a type of savings account offered by banks and credit unions. Not all financial institutions that offer traditional CDs offer add-on CDs. Not easy to find: Though traditional CDs are widely offered by many banks and credit unions, only a small selection offer add-on CDs. High-Interest Savings Earn more, and protect every penny.