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07-31-2018, 02:39 PM
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#21
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Full time employment: Posting here.
Join Date: Apr 2015
Posts: 575
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Just re-invested my 18 month $100,000. CD at Luther Burbank Savings (California) at 2.70%. It's an unadvertised rate and I don't believe you need as high of a balance as I have.
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08-01-2018, 08:26 AM
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#22
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,654
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United Texas Bank (UTB) ended the month by raising the rate on its 12-month CD to 2.80% APY.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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08-02-2018, 07:46 AM
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#23
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,654
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PenFed 12 months jumped to 2.45% today. 6 months is 2%
Andrews FCU 9 Months is 2.75%
General 3 Year CDs Topped 3%+ and even a couple of 2 Year.
Hopefully we will see 4% 5 Years CDs soon...
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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08-02-2018, 08:47 AM
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#24
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
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The Andrews FCU 2.75% CD is 9 months.
__________________
Retired since summer 1999.
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08-03-2018, 01:33 AM
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#25
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Recycles dryer sheets
Join Date: Apr 2005
Posts: 114
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Ally 11-month No Penalty CD - 2.00% ($25K minimum)
Ally savings 1.80%
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08-03-2018, 03:59 AM
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#26
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
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Quote:
Originally Posted by adrift
Ally 11-month No Penalty CD - 2.00% ($25K minimum)
Ally savings 1.80%
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Wow - you even beat depositaccounts.com with that news!
They have a recent summary here. The Synchrony 14 month CD special has moved up to 2.6%.
https://www.depositaccounts.com/blog...nds-rate-hike/
Gosh, I guess I’m upgrading again.
__________________
Retired since summer 1999.
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08-03-2018, 04:24 AM
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#27
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Michigan
Posts: 4,939
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Quote:
Fidelity Premium MM is at 1.97%
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The Fido MM paying 2% is FMPXX and it has a minimum of $1 million.
__________________
"The mountains are calling, and I must go." John Muir
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Well I'm annoyed with ALLY
08-03-2018, 08:01 AM
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#28
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 2,518
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Well I'm annoyed with ALLY
Quote:
Originally Posted by adrift
Ally 11-month No Penalty CD - 2.00% ($25K minimum)
Ally savings 1.80%
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I decided that today was the day to jump on this change in rates. I closed five 11 mo no penalty CD's at the older 1.75% rate and did so successfully with just 5 clicks. I then began the process of opening 5 new 11 mo no penalty CD's at the new 2% rate. After opening 2 successfully, the system stopped opening them and after a call to ALLY I was told that all new apps for my account were pending and I will receive a call in 3-5 business days. Meanwhile the money sits in a minimal interest bearing Ally checking account. ANNOYING but not fatal.
__________________
"Luck favors the prepared mind"
Pasteur
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08-03-2018, 08:40 AM
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#29
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 2,518
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I'm seeing 3.3% brokered callable CD's with maturity of approximately 2 years from JP Morgan and Wells Fargo in my brokerage fixed income screener.
__________________
"Luck favors the prepared mind"
Pasteur
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08-03-2018, 08:44 AM
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#30
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
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Crap!
There are limits of 6 withdrawals from their high yield savings account - but I don’t think that’s what you ran into as you deposited in checking.
Also, you can open multiple CDs at once.
__________________
Retired since summer 1999.
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08-03-2018, 08:51 AM
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#31
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Is there a maximum on the deposit amount per account? Curious why you want to open so many...
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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08-03-2018, 08:53 AM
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#32
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
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Quote:
Originally Posted by ExFlyBoy5
Is there a maximum on the deposit amount per account? Curious why you want to open so many...
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Ally does not permit partial early withdrawals on CDs. For that reason some of us break it up into multiple CDs.
__________________
Retired since summer 1999.
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08-03-2018, 08:54 AM
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#33
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by audreyh1
Ally does not permit partial early withdrawals on CDs. For that reason some of us break it up into multiple CDs.
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Ah...that makes sense. Thanks for the clarification.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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08-03-2018, 09:12 AM
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#34
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
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I see Ally is now offering 2.4% on their 12 month CDs. It was just 2% a little while ago.
Well, they had raised the 12 month CD from 2 to 2.25% in early May.
__________________
Retired since summer 1999.
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08-03-2018, 09:39 AM
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#35
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 198
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I am watching the rates locally. Thanks for all the information. I will be making a few phone calls today to banking institutions in my area.
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08-03-2018, 09:40 AM
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#36
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,654
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I am finding that some of the better rates are not posted on the usual sites. Probably because they do not sponsor them. So it is good to post your findings here.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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08-03-2018, 12:02 PM
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#37
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,197
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Quote:
Originally Posted by DrRoy
The Fido MM paying 2% is FMPXX and it has a minimum of $1 million.
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Does anyone keep a million in cash?
__________________
TGIM
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08-03-2018, 12:10 PM
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#38
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,654
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Quote:
Originally Posted by Dtail
Does anyone keep a million in cash?
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Guilty.... Not cash but in laddered CDS.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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08-03-2018, 12:17 PM
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#39
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 3,430
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Quote:
Originally Posted by Dtail
Does anyone keep a million in cash?
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Pfft...pocket change.
omni
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08-03-2018, 12:58 PM
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#40
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,197
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Quote:
Originally Posted by ShokWaveRider
Guilty.... Not cash but in laddered CDS.
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That's different lol. You have made us aware of your investment strategy, so makes sense.
__________________
TGIM
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