American Express Bank offers traditional CDs across different term lengths. The shortest term is six months and the longest term is five years.
Although early withdrawal penalties apply to the principal, interest can be withdrawn free of charge. It can be transferred to an account or paid out in the form of a check on a regular basis, depending on your preferences.
You can find higher yields elsewhere.
There are no special types of CDs, such as penalty-free or bump-up terms.