Looks like you can’t bail out of the CD early and take a 6month interest hit since it’s variable.
“Except in the event of death or adjudication of incompetence of the holder of the MarketSafe CD, you may not withdraw any part of the CD prior to maturity. If you do withdraw early, even if that is due to the death or adjudicated incompetency of the holder of the CD, you will NOT receive Principal Protection and will NOT benefit from any upside potential of the Reference Index, experiencing a loss of principal as an early withdrawal charge. Consult the Product Term Sheet and MarketSafe Terms and Conditions for details.”
So it looks like if you pull out early, you’re not guaranteed the principal amount AND if there have been any losses you’re on the hook. Not to mention an early termination charge
