Advertising Disclosure
  1. Home
  2. Community
  3. Miscellaneous
  4. If Your Cd Matures On Long Holiday Weekend

If Your Cd Matures On Long Holiday Weekend

trav99
  |     |   14 posts since 2022

I didnt plan it this way but I have 2 cds that will mature on the Sat of a long holiday weekend. That means the money will be stuck there for 3 days. Will i still get interest for sat sun mon after sat maturity day if I cash it on tuesday instead of renewing? Or would you send it to savings on maturity day to get a few cents or something else.

  Post a comment
1


MY2CENTSWORTH
  |     |   440 posts since 2016
Some FI's do pay interest during the grace period but I am seeing many that don't pay a nickel of interest during that period of time. I have begun to plan ahead for that by altering my beginning date and/or speaking with a CSR to determine that future date the CD will mature that following Mondays date. Hopefully, you are lucky wherever you have the CD maturing but if not you are sadly SOL.
Reply
3


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.