Eddie On Everything

Got some mail today from American Express.
They’re now offering personal savings accounts that pay 1.30% APY.
In this rough and tumble economy, that’s a pretty good deal.
Emigrant Direct is currently offering just 1.00%, while Dollar Savings Direct is paying 1.10%.

With PERSONAL SAVINGS FROM AMERICAN EXPRESS, you can have the same peace of
mind with your savings account [...]

Question: Hi, I was wondering if there is any advantage to putting money into a CD versus a regular savings account (like Emigrant Direct or ING) if the rates are same or very close.
On the one hand, a savings account is more liquid than a CD. On the other, a CD [...]