Our opinions are our own. A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you. Find the right credit card for you. Whether ...

Once your CD matures, you can withdraw your money at no charge during a 10-day grace period. You can then transfer the money in the CD to either another BMO Alto account or an external account.