When selecting a callable CD, consider the following factors: - Interest Rate: Compare the interest rates offered by different banks to ensure you're getting a competitive rate. - Call Protection Period: Understand the length of the call protection period, as this will determine how long your investment is guaranteed to last. - Bank Reputation: Consider the reputation and financial stability of the issuing bank. - Terms and Conditions: Carefully read the terms and conditions to understand any fees, penalties, or other stipulations associated with the CD.