: If you need to access your money before the maturity date, you will typically be charged a fee, which often equals several months of earned interest. Common Variations
A bank is a low-risk savings account that holds a fixed amount of money for a fixed period of time, in exchange for a guaranteed interest rate. Core Features bank cd
: This is the date the term ends, at which point you receive your initial deposit plus all earned interest. : If you need to access your money