What happens after a cd matures

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Bank of America has a your money out elsewhere at type of savings account offered a better interest rate than. Then, you may face an deposit the funds in another the funds before the hap;ens.

Go CD rate-shopping a few weeks before your rollover.

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What happens once a CD matures?
loansnearme.org � insights � personal-finance � save � what-happens-when-c. Once a certificate of deposit matures, you can withdraw funds to put in another account, withdraw and open a different CD or let your CD. When your CD matures, you can deposit the money in another account at the bank, like your savings account. You can roll it over into another CD term at the bank.

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Review your account agreement for policies specific to your bank and your account. It pays a fixed interest rate for a set period of time. If you want to add to or take money from the CD by check or wire transfer, contact Discover by phone or secure message. Rates are subject to change at any time before or after account opening.