Answer
Apr 14, 2025 - 08:37 AM
Certainly! The three main types of CDs (Certificates of Deposit) are traditional CDs, which offer a fixed interest rate over a specific term; bump-up CDs, which allow you to request a higher interest rate if rates rise during your term; and liquid CDs, which permit limited withdrawals without penalties. Each type caters to different financial goals and flexibility needs.
