
In Banking - Cds - Asked by Admin - 8 months ago
A certificate of deposit that allows the bearer to deposit additional funds, after the initial purchase date, that will bear the same rate of interest.
Answered by Admin - 8 months ago
Tags: add on cd, cd, what is an add on cd?
If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is an add on cd?" Zuuply.com can answer them or you can browse our archives.