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Old 02-02-2018, 07:33 AM   #181
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Oh wow - that’s a good jump in their 15 month. I think it was 1.70% when I looked last week.
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Old 02-05-2018, 07:38 AM   #182
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Ally Bank 12 month CD is up to 2.00% again. 9-month CD is 1.80%.
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Old 02-05-2018, 08:18 AM   #183
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Ally's savings account is looking a bit anemic at 1.35 percent. Better rates from banks I use:

Live Oak 1.6
GS/Marcus 1.5
Barclays 1.5
Synchrony 1.45
Sallie Mae MM 1.45

The CD rates at Live Oak are excellent right now:

1 year 2.10
18 month 2.30
2 year 2.35

The 18 month CD at 2.3 to me has a decent balance of rate and term. Not enough premium to take the risk of two years.

I am annoyed at Fidelity's high expense ratios on their money market and settlement funds. Highway robbery compared to Vanguard. I have put a lot of the cash I will need over the next two years into laddered new issue brokered CD's and will just hold them to term.
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Old 02-05-2018, 08:19 AM   #184
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AmEx Personal Savings at 1.45 now too.
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Old 02-05-2018, 03:25 PM   #185
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PMMF has been at the 1.45% range for a while. I suspect it will settle there until the FED raises it's rate to 1.75% next month or so.
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Old 02-09-2018, 06:52 AM   #186
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Ally Bank savings account up to 1.45%.
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Old 02-09-2018, 07:07 AM   #187
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So, I have a number of CD's that will be maturing over the next two months. It will be interesting (given 2 year T-Note @ 2.13%) what CD rates will be towards the end of March (when the first one matures). Decisions, decisions.
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Old 02-10-2018, 10:19 AM   #188
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Synchrony Bank raised their high yield savings rate to 1.5%
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Old 02-12-2018, 08:51 PM   #189
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Ally just raised their high yield savings rate to 1.45%.

What's funny is their 11 month no penalty CD rate is down to 1.15%, 1.25% and 1.5% depending on the size of the opening deposit. No point in using that CD anymore. It was offered at 1.75% for $25K+ opening deposit at the end of last year.

But perhaps before too long they'll offer 2% on their 11 month no penalty CD. In the mean time, just park funds in the high-yield savings account!
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Old 02-12-2018, 09:33 PM   #190
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I think Ally's no-penalty CD was on a promotional rate at the end of last year.
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Old 02-12-2018, 09:53 PM   #191
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I think Ally's no-penalty CD was on a promotional rate at the end of last year.
Of course it was. But then it dropped back to the “regular” rate of 1.6%, and now dropped farther to 1.5%.
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Old 02-13-2018, 08:56 AM   #192
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I am finding it interesting that there seems to be a major impact on psyche and the market due to "high interest rates"..... Really? High??

I can't see doing anything beyond a 1 year CD ladder with these still ridiculously low rates.Still just trying to get up to minimize inflation losses for cash holding IMO.
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Old 02-13-2018, 09:00 AM   #193
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I just checked my Redneck Bank Mega MM, it is going up to 1.75% APY on Feb. 21 (up to $35,000). Plus the laughing donkey on the debit card really impresses waiters in Paris.
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Old 02-13-2018, 07:20 PM   #194
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NFCU has 15 mo. special CD paying 2.25% upto $50k. Great Deal if you have NFCU
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Old 02-13-2018, 09:59 PM   #195
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Of course it was. But then it dropped back to the “regular” rate of 1.6%, and now dropped farther to 1.5%.
Ah! I see what you mean. I probably didn't scroll down the page at Ally.com far enough to see the no penalty rates.
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Old 02-13-2018, 10:16 PM   #196
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Ah! I see what you mean. I probably didn't scroll down the page at Ally.com far enough to see the no penalty rates.
Most of the year the rates on the Ally no penalty CDs seem pitiful compared to savings. But they really spruce them up at the end of the year!
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Old 02-14-2018, 10:52 AM   #197
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GS Bank has 2.05% on 12 month CDs but doesn't offer IRAs.
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Old 02-14-2018, 11:29 AM   #198
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I am in the process of opening a Ally 12 month CD for my Dad and dealing with the CSR folks has been...um, interesting. I am not sure where their CSRs operate from, but I am pretty sure it's a place that has legalized marijuana and that they allow the employees to smoke on the job. I am hoping that once it's funded, I won't have to deal with them "personally" anymore.
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