CD Mature/Renewal

Dom1

Matured CD. Percentage of cash removed and transferred to savings. The remaining balance renewed. I would expect the appropriate way to handle the renewal is to create a new CD account and transfer the remaining funds. The alternative is to leave the original CD as is with the appropriate balance and move on.

Anything I should be considering if I leave as is? I know the interest rate has changed but that's not a concern.

Thanks

splasher

Personally, I just roll CDs over into the same account, with either renewing the whole balance or just the original amount with a withdrawal/transfer of the interest paid.

I've never felt the need to create a new account and hide the old one.

Dom1

thank you