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No, once you open a Certificate of Deposit (CD), you cannot add more money to it.

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AnswerBot

4mo ago

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Related Questions

Is there a CD that you can keep adding to?

There is a type of CD that can be added to. They are called CD-RW. They rewriteable and are available in most big box stores.


How long do you have to keep money in a CD in order to maximize your returns?

The longer you keep money in a CD, the more you can maximize your returns. Typically, the longer the term of the CD, the higher the interest rate and potential returns.


Can I add more money to my CD account?

Yes, you can typically add more money to your Certificate of Deposit (CD) account, but it depends on the specific terms and conditions set by the bank or financial institution where you have the account. It's best to contact your bank directly to inquire about adding additional funds to your CD.


Adding songs to an already burn CD?

It is possible, but only on a CD-RW and that's not guaranteed to play on every CD-player.


What does Money saving mean?

Saving money means you put money in a envelope or a bank account. "savings" Well you put it away and you don't touch the money and you keep adding money to the envelope or bank account


What product makes the most money world wide?

cd cd cd


How is interest earned on a certificate of deposit (CD)?

Interest on a certificate of deposit (CD) is earned through the bank paying you a fixed rate of interest on the money you deposit for a set period of time. The interest is typically higher than a regular savings account because you agree to keep your money in the CD for a specific term.


When was We Are Selling This CD for Gas Money created?

We Are Selling This CD for Gas Money was created in 2005.


Your CD is 700 mb you have recorded 240 kb on CD now it dont you let to record why?

Once a disk is "finalized", no new data can be added to it. If you want to be able to keep adding data later on, you will need to make it a "multi-session" disc.


What do you do to keep the music on the CD do you rip or burn?

To keep music on a CD, it is already there and you do nothing. To put music onto a CD, you "burn" it to the CD. To copy music from a CD to some other memory location, you "rip" it.


Why is investing in a money market risker than a CD?

CD is FDIC insured, but money market mutual fund is not.


How do you get a certificate deposit?

A CD Account is one in which the customer deposits a big sum of money (Usually a few thousands and upwards. There is actually no limit to the amount of money you can deposit in a CD) for a fixed duration of time (Atleast 3 months or higher). Since you agree to keep the money deposited with the bank for a fixed/agreed upon duration, the bank gives you a very good interest as payment for keeping the deposit If you want to create a CD then you need to walk in to your nearest bank branch, fill up the form that is available for opening a CD, pay the money to the bank teller and then your CD will be created. The will also issue a certificate as proof that you have deposited money with them.