When I go to the bank to cash my check, because funds are not available in my checking account, the teller cashes the check against my certificate of deposit. If there is a two day hold, will my CD still earn the interest for those two days?
Untitled
Those holds should have no affect at all on the interest you earn on the CD account.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
Those holds should have no affect at all on the interest you earn on the CD 