Add-on cds

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The ability to add money as time progresses means you Xds over a traditional CD to increase the amount in the account over time by.

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First National Bank \u0026 Trust Step by Step Add On CD
An add-on CD is a special type of certificate of deposit (CD) that allows you to continue adding funds to your account. This differs from standard CDs. Unlike traditional CDs, an add-on CD allows the account holder to make additional deposits any time before maturity. Learn whether it's right for you. An add-on CD is a type of specialty CD that lets you contribute money throughout the term, instead of requiring the full deposit within a few.

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This differs from standard CDs, which limit you to an initial deposit. Top Offers From Our Partners. Does opening a checking or savings account affect your credit score? You may earn a lower interest rate with an add-on CD compared with a traditional CD, which only allows you to deposit money at the beginning of the maturity term.