CDs are handy, but they've got that pesky minimum balance requirement, and often the terms aren't flexible. Some banks do offer flexible terms, but you usually have to sacrifice rates to do so. And often the only way to add a few bucks to a CD would be to cash out the existing CD (big penalty) and start a new one -- obviously ridiculous.I've found a few banks that offer "flexible" CDs:Zions Bank ("Ultimate CD") - 1 wd at start of quarter, unlim depositsDeepGreen "All Access" - 1 wd per quarter, no depositsFirst Tennessee "Flexible" - 1 wd semiannual, unlim depositsunfortunately the rates are all awful, even compared to the same bank's money market in Zions' case.Why can't somebody start a mutual fund with severe withdrawal restrictions to offer investors a higher yield?
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