With a certificate of deposit (CD) account, you can save money for a fixed amount of time, called a term. In return for leaving your money in the CD, you earn a fixed interest rate—unlike traditional savings accounts, which have variable interest rates that are subject to change. CapitalOne CD terms range from 6 months to 60 months. Keep in mind, you can’t access your money until your CD term ends without incurring a penalty.
See Also
Bear Creek Baptist Church - ABC's of SalvationEconEdLink - The ABCs of SavingEverything You Need to Know About Banking with Capital OneI have 13 savings accounts with Capital One, and I can't think of a better way to reach my savings goals fastSince CD account rates are often higher than traditional savings accounts, CDs are a great way to reach your savings goals faster using money that you don't need immediately.
