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whats it called when i have an acount in the bank and i want to have my money to not be withdrawed for a certian time...whats the word for that...

2006-11-15 07:47:14 · 5 answers · asked by roger c 2 in Business & Finance Credit

5 answers

a CD [cirtificate of depostit i think]? then you can get tons of intrest

2006-11-15 07:54:31 · answer #1 · answered by BLEHH 3 · 0 0

A CD. You can find out more information from your bank since interest rates will vary based on the bank and the amount of money for what time period.

Another option is a savings bond. Instead of an account, you get a piece of paper.

2006-11-15 22:33:38 · answer #2 · answered by Mariposa 7 · 0 0

You can either be talking about a trust account that can only be opened after a certain age. Or a freeze where you ask the bank to stop any transactions in your account until you notify them otherwise or specify exactly when.

2006-11-15 15:52:26 · answer #3 · answered by APRIL D 1 · 0 0

CD Certificate of Deposit

2006-11-15 15:54:53 · answer #4 · answered by rmijares 2 · 0 0

I'm not sure, but I think that that is called a CD (certificate of deposit)

2006-11-15 15:55:19 · answer #5 · answered by Kremer 4 · 0 0

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