Can you get money out of a high yield savings account?
April 7, 2009 by How Savings Bonds Work
Filed under High Yield Investing
Can you answer ceiiiba’s question about Bonds?:
Or are there fees?
I want to put some money in a high yield savings account or a CD but i want to know if i can get to it. I know you can’t with a CD until the time is up, but I didn’t know how it was with high yield savings accounts.
Investment Grade Corporate Bonds
Or are there fees?
I want to put some money in a high yield savings account or a CD but i want to know if i can get to it. I know you can’t with a CD until the time is up, but I didn’t know how it was with high yield savings accounts.
Investment Grade Corporate Bonds
Bonds Feedback: Read the account terms and conditions. There lies the answer.
Bonds Feedback: My bank charges 6 months interest to take money out of a cd early.
Be careful with bank cd’s, when they expire you might have to notify them by mail that you want the funds to be solvent and not reinvested.
A lot of people fail to do this, and take out the money paying 6 months interest.
Write down on your calendar the date a cd is due, and make sure you mail in that request. Unless of course, you want it to renew.
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