This hard-working package of 3 CDs with staggered maturity dates offers you more liquidity than a single traditional CD.
You get 3 CDs: a 1-yr, a 2-yr and a 3-yr. That means you’ll enjoy the higher interest rate of a 3-yr CD with the bonus of liquidity at the end of years 1 and 2. If you choose not to withdraw funds when the 1- and 2-yr CDs mature, they renew as 3-yr CDs, for even more liquidity and flexibility.