Yes, I know this is the fishing section; I just happen to like the majority of people in this section. Anyways, I've had a cd banking account for years now, and have never touched it; I know absolutely nothing about them. I've called the bank numerous times today, but they are apparently busy. From what I understand, if you take money out of the account before the maturity date, you are in some way penalized, correct? If that is right, what exactly does the penalty consist of? In other words, what do I need to do to take money out of this account and put more in my checking account? I have some school stuff that I am eventually going to have to pay for, but I'm not going to have quite enough in my checking account to cover it.
Lol, mine is getting there. I go through a locally owned bank though. There's only two of them, and they're both in my hometown.
Thanks a lot Chadd. I knew it had something to do with the interest; I just wasn't sure exactly how they "calculated" the fees up. But yes, after the dreaded school stuff is paid for, they'll be some money well spent on something useful (fishing). I've been itching to get me another Revo! Perhaps it'll be my next purchase.
Lol, mine is getting there. I go through a locally owned bank though. There's only two of them, and they're both in my hometown.
Thanks a lot Chadd. I knew it had something to do with the interest; I just wasn't sure exactly how they "calculated" the fees up. But yes, after the dreaded school stuff is paid for, they'll be some money well spent on something useful (fishing). I've been itching to get me another Revo! Perhaps it'll be my next purchase.