In general, almost all brick-and-mortar banks provide CDs to their consumers. While it is possible to withdraw the money earlier (breaking the CD)ĭoing so comes with high interest penalties and is generally not advised. Leave their money in the account for six months in return for a fixed rate of interest over this period.
Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. 6 Month Branch Certificates of Deposit 2023
