Can the interest from a CD be rolled into a checking account every month?

[ckroush]

I think the question is pretty straightforward. I just want to know if the monthly interest from a CD can be deposited into a seperate account while the principal continues to earn interest.

 

[Micki]

I'm sure it can - it'd depend upon the financial institute that you're dealing with.

 

[v b]

No, CDs pay on a schedule--typically once at maturity.