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Old 09-25-2018, 08:04 AM   #261
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Originally Posted by Helena View Post
.

I put one of my IRAs into a five year variable CD I posted about here previously.

The floor base rate is 3% and that rate wiill increase with any increase in the fed fund rate which will probably go up .25 Wednesday. If so, my interest rate automatically goes up to 3.25% beginning in October. Experts say the Fed will probably increase the rate again several more times in the next year or so.

.
I really like the way that CD works, but I like the 40 month tem at 2.85 base rate better than the 5 yr at 3.0. The other variable rate CDs I've seen only adjust on the anniversary of the CD or you get to bump up once or twice during the term. I am not eligible anyway, so.....
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Old 09-25-2018, 10:56 AM   #262
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No its all accrued daily.
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^^^ Right.
Thanks! I knew it was accrued daily but I wasn't sure if there was a catch like the money had to be there for the entire month to get the payout. Sorta like the typical corporate annual bonuses lol
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Old 09-25-2018, 11:35 AM   #263
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Thanks! I knew it was accrued daily but I wasn't sure if there was a catch like the money had to be there for the entire month to get the payout. Sorta like the typical corporate annual bonuses lol
No such catch.
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Old 09-25-2018, 03:20 PM   #264
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I just successfully funded the NASA FCU 15 month CD at 3.25%. I must say I am impressed with the processing time, customer service, on-line experience and up to date technology NASA uses. Thanks to whoever posted this deal. I was unaware of the offer until that message was posted.

Odd... just now when I tried to access nasafcu.com on my mobile phone, I get a warning "your connection is not private." I tried going through Google search to get there and received the same warning.

I remember checking into that NASA FCU months ago. I am not eligible because membership is too restricted. Ironic, because my brother is a 42 year retired NASA scientist. He is a member of a different NASA CU, jscfcu.org [no warning page when I go there] but it has lower rates.

Besides, I'm old-fashioned and prefer dealing with local banks/CUs.

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Old 09-25-2018, 03:28 PM   #265
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I remember checking into that NASA FCU months ago. I am not eligible because membership is too restricted.
Everyone is eligible.

Go to the website, choose open account, then look at the last option under Select Your Eligibility: "Need another way to join"? It's a free one year membership to NSS which makes you eligible.
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Old 09-25-2018, 03:30 PM   #266
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Everyone is eligible.

Go to the website, choose open account, then look at the last option under Select Your Eligibility: "Need another way to join"? It's a free one year membership to NSS which makes you eligible.

As I said... just now I tried to go to that website again... but I received a warning on my mobile phone not to go there. I've accessed many other financial websites, but I've never seen that warning page show up before.

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Old 09-25-2018, 03:44 PM   #267
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As I said... just now I tried to go to that website again... but I received a warning on my mobile phone not to go there. I've accessed many other financial websites, but I've never seen that warning page show up before.



.


I dont have any issue going to the site. Could be a privacy setting on your browser.
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Old 09-25-2018, 03:59 PM   #268
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Try https://www.nasafcu.com/ .... it shows as secure on Chrome.
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Old 09-25-2018, 05:15 PM   #269
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As I said... just now I tried to go to that website again... but I received a warning on my mobile phone not to go there. I've accessed many other financial websites, but I've never seen that warning page show up before.

.
Try accessing the website via your computer. I have found that my ipad frequently restricts me from going to specific websites for no apparent reason, so perhaps your mobile phone is the same.
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Old 09-25-2018, 05:22 PM   #270
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Try accessing the website via your computer. I have found that my ipad frequently restricts me from going to specific websites for no apparent reason, so perhaps your mobile phone is the same.
But note, the website states the 3.25% 15 mo CD rate is through 9-30. At this point, even with speedy processing, I would not expect to fund the CD before 9-30. I do think you have 10 days to fund the CD, but I would not want to trust that 10 day period. I started the process of opening the account last Wednesday, and finalized the funding today, so 5 business days.
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Old 09-26-2018, 03:30 AM   #271
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But note, the website states the 3.25% 15 mo CD rate is through 9-30. At this point, even with speedy processing, I would not expect to fund the CD before 9-30. I do think you have 10 days to fund the CD, but I would not want to trust that 10 day period. I started the process of opening the account last Wednesday, and finalized the funding today, so 5 business days.

There is this post on the deposit account blog.


I have no idea if this is correct. I've had a banking relationship with NASA FCU for over 3 years. At least then, it was very easy to open an account.


A bit over a week ago, I opened a 3.25% 15-month CD at NASA. I did an ACH into NASA. The next day I used their internet chat to open the CD. It took less than 3 minutes (they timestamp the chat).


I have a Northwest FCU CD maturing on 10/2. If NASA is indeed still making this offer, I'm very likely to be opening another CD there.
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Old 09-26-2018, 10:42 AM   #272
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There is this post on the deposit account blog.


I have no idea if this is correct. I've had a banking relationship with NASA FCU for over 3 years. At least then, it was very easy to open an account.


A bit over a week ago, I opened a 3.25% 15-month CD at NASA. I did an ACH into NASA. The next day I used their internet chat to open the CD. It took less than 3 minutes (they timestamp the chat).


I have a Northwest FCU CD maturing on 10/2. If NASA is indeed still making this offer, I'm very likely to be opening another CD there.
Ha. I have a NWFCU 3% CD maturing as well, on 10/10. If the rate is still available I may open another one too. Now that we have an account at NASA we could open the CD on a next day basis. Once the share account was opened, I ACH'd the money to fund the CD from my main bank account and it showed up overnight. Perhaps their October deal will be for a different maturity. That would be potentially enticing as well.
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Old 09-26-2018, 07:22 PM   #273
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FZDXX invests in 40 percent commercial paper. It requires $100k initial investment, which I could do, but prefer not to. The current reduced ER with waiver is 0.3 percent. I would have to pay state tax in the taxable account. I'll stick with treasuries for now.

ETA: ER on VMMXX is 0.16 percent.
But you don't have to keep 100k in the account after opening it up.
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Old 09-26-2018, 08:28 PM   #274
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But you don't have to keep 100k in the account after opening it up.
I understand that but the carrot is tiny and treasuries are better anyway with no state income tax.
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Old 09-26-2018, 08:56 PM   #275
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Wells Fargo 2-year brokered CDs posted this evening at 2.95%.
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Old 09-26-2018, 09:19 PM   #276
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Wells Fargo 2-year brokered CDs posted this evening at 2.95%.
Yep, just saw that. And they are offering a large number of them too.

Guess were going to see those 3% 2 yr CDs soon!
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Old 09-26-2018, 10:37 PM   #277
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Yep, just saw that. And they are offering a large number of them too.

Guess were going to see those 3% 2 yr CDs soon!

ConnectOne Bank Adds 23-Month Online CD, 3.00% APY
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Old 09-27-2018, 07:32 AM   #278
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Yep, just saw that. And they are offering a large number of them too.

Guess were going to see those 3% 2 yr CDs soon!
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Old 09-27-2018, 05:17 PM   #279
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American Express Savings raised their high yield savings rate from 1.8% to 1.9% a day after the Fed raised the Fed Funds Rate. I would expect Synchrony and Ally who are currently at 1.85% to be close behind or even leapfrog.

However, there appear to be several banks now offering high yield savings rate at 2.05% and a bit higher.
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Old 09-27-2018, 05:22 PM   #280
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And Franklin Mint offering a 24 month "special" CD at 3%
https://www.depositaccounts.com/bank...int-cu/offers/
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