2006-11-02 06:48:49 · 6 answers · asked by brand_new_pops 2 in Business & Finance ➔ Investing
For CDs, the amount that you put in will be locked. You can only deposit more funds to it after the maturity period ends.
If you're looking to deposit more funds to an account later on, I suggest you open up an online savings account with one of the big banks. They have high APYs (usually 5% and up). And you can add money into the account whenever you like.
2006-11-02 08:16:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Not typically.
Unless it is a special type of "add-on" CD. Those usually pay a little less than the going rate on similar term CDs.
I've found that some online banks offer great rates on their money-market / savings accounts (those do allow additions and withdrawals).
2006-11-02 10:35:47 · answer #2 · answered by derek 4 · 0⤊ 0⤋
you can only deposit into a cd after it matures...depending on where you bank you usually have a grace period to make a deposit before it rolls over or you cancel it.
2006-11-02 06:52:08 · answer #3 · answered by iHEARTjuicy 1 · 0⤊ 0⤋
enable's see how this works. the guy gets exams, yet won't deposit them into his very own account. So, there is not any paper path linking him to the exams.) How "respected" can this be, hmmmmmmm
2016-12-28 11:04:21 · answer #4 · answered by ? 3 · 0⤊ 0⤋
Generallly not, but there are some banks that offer this option. You will need to discuss with the individual bank.
2006-11-02 08:11:18 · answer #5 · answered by waggy_33 6 · 1⤊ 0⤋
Yes you can but only after it matures.
2006-11-02 06:56:17 · answer #6 · answered by wingedgirl 3 · 0⤊ 0⤋