An Ally Financial 12 month note is yielding 3.8% or 4.4% for a 24 month note.
Glad that I moved all of my Ally funds to PMMF (1.83% yield). Ally is taking too long to respond to market conditions and competitive rate increases.
Vanguards Prime MM Fund.Curious, what's PMMF?
Vanguards Prime MM Fund.
1. Break gasoline purchases into $10 pit stops instead of one large fill up.I signed up for Cit bank (1.75%) and heritage bank checking (3.33%) last night. Thinking we can keep up to 25k in heritage and any overages I to cit. I'm hoping we can come up with a process to make 10 debit purchases per month for heritage rate so we don't have to think too much and still use our cc. rewards for most purchases.
I just converted one of my ally 1.75% no penalty CD's into a 2.25% 12 month CD.
It was easy as pie, all online, and since I cashed out the 1.75% CD to my Ally savings account, the money was there immediately to buy the 2.25% CD (which has a 60 day penalty if cashed early).
Just bought a 9 month CD at Schwab for 2.2%.
Fidelity has the same 9 month rate with 2.35% for 1 year.Just bought a 9 month CD at Schwab for 2.2%.
I purchased many yesterday and today through Fidelity.
For a brief one hour yesterday, Fidelity was displaying a new issue 3-month for 2.15%. This was quickly gobbled up and was gone. I got a few of them.
All the others I picked up were secondary market ranging from 22 month to 41 month at 2.97% to 3.23% after commission.
Based on your other posts, you like CD's. It appears that you purchase what you perceive as good value on a frequent basis in this rising environment.
My question is do you have each set of purchases arranged in a CD type ladder, or is it just singular purchases which come together as part of your strategy?
Ally Savings is up to 1.65%
OK, so they finally caught up with Synchrony and American Express Bank.
I’m expecting another set of increases soon. Fed Funds Rate was just hiked 0.25% to 2%. These high yield savings banks are falling behind!