The CD account offers different interest rates according to the time period for which the full amount deposited will be withheld with no liquidity. After the account is opened, no transactions or deposits are allowed.
No, you may not. Once your CD account is open, the funds deposited are held for the length of the term chosen, until it matures. You will be able to add new funds once it matures and you will have a 10 day grace period to do so.
Yes. However, you will be accessed an “Early Withdrawal Penalty fee”. Here is how the early withdrawal penalty fee is applied:
Looking for more details? Visit our Learn More