<prompt> Human: Obviously this may sound like a stupid question, but Ive been seeing a lot of high interest savings account ads at 1.3 or even higher and think of my opportunity cost. I have a Fixed Term CD through Bank of America at a 0.03 interest rate and over the past 8 years, Ive gained about 2,000. This was an inheritance that 17-year-old me didnt know what to do with, so I lisetned to my uncle and put it in a CD because according to him it would Safe. Out of sight, out of mind. The penalty from what the PB at BoA told me is .02 if I withdraw before the maturation date 15 October 2018. Does that mean I can withdraw before that date and then deposit it into a high interest savings account?Does anyone have any notable options that provide a good rate? I heard Barclays is a good choice but mind you I heard this recommendation years ago!  <response>: 0.03 interest rateI dont think Ive ever seen a worse interest rate for a CD. Yes, if you withdrawal the funds before maturity you will lose 0.02 on the overall principal but that would be easily made up from the 1.3 in the savings account. 