Thread: Should I renew
View Single Post
  #13 (permalink)  
Old 05-06-2006, 02:31 PM
WellManicuredMan's Avatar
WellManicuredMan WellManicuredMan is offline
$ Saving HS Sophomore
 
Join Date: Apr 2006
Posts: 171
Points: 1342.60
Donate
Default Re: Should I renew

Quote:
Originally Posted by Sweepsplayer
Most banks roll the CD over automatically. You have a window of time in which you can notify them you want to withdraw the money without penalty.
I didn't think it was possible to roll a CD into a different term length but I could be wrong. I thought you're only options were to do nothing and the CD would renew for the same term or withdraw the funds and close the CD.
Reply With Quote