Do your own research! Settling for a CD at a bank ... no matter the quality of customer service. When do shorter CD terms make sense? Shorter CD terms serve well when you have a short-term savings ...
If at all possible, don’t make an early withdrawal before you’ve gained the amount of penalty interest required. If you don’t have enough interest, the difference comes out of your CD ...
However, our opinions are our own. See how we rate banking products ... How do you know if you're choosing the right bank or credit union for your CD? Make sure it's FDIC or NCUA insured.