They are ideal in rising interest rate environments, allowing you to lock in your CD at today’s rate and take advantage of increased rates in the future. Bump-up CDs work much like traditional ...

You also want to be able to access your money every six months. Here's an example of how that might work. $1,250 in a six-month CD with a 1% APY $1,250 in a 12-month CD with a 2.6% APY $1,250 in ...