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Old 08-15-2018, 10:08 AM   #101
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I don’t know. 5% for a 7 months CD becoming the norm indicates inflation is a bit higher and my other investments have probably taken a huge hit.
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Old 08-15-2018, 10:38 AM   #102
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VANGUARD TREASURY MONEY MARKET INVESTOR VUSXX

7-Day Current Yield
1.91

Initial Investment$50,000


Just bought this - thanks for the tip!!
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Old 08-15-2018, 11:17 AM   #103
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I donít know. 5% for a 7 months CD becoming the norm indicates inflation is a bit higher and my other investments have probably taken a huge hit.
Yes we effectively need a blip up in inflation/rates to lock in the higher rates than have them drop back down. Just rambling I suppose.
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Old 08-16-2018, 11:03 AM   #104
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Synchrony just emailed me about their new CD Special - 2.65% 13 months, $2K min. That's higher than most ~12/13 month CDs being offered at the moment. Unfortunately a term greater than 12 months means a 180 days interest early withdrawal penalty.

Of course that does not beat the Andrews 9 month 2.75% CD Special which is still being offered.
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Old 08-16-2018, 07:32 PM   #105
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I finally got my CD at Freedom CU set up after much email and phone prodding, but it wasn't easy. The 3.56% rate no longer shows up on depositaccounts.com and they told me over the phone the promotion will end soon because they have almost hit their goal for new money deposits. DH has a bunch of CDs at 2.25% with Barclays but he wasn't comfortable paying the early term penalty with no guarantee it would take place quickly enough to get the money over to Freedom before the promotion ends.

It seems like there should be an easier way but I suppose if I'm chasing yield I'm going to have to jump through hoops to get it.
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Old 08-27-2018, 09:05 PM   #106
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PenFed CU now offers Premium Online Savings account at 1.65 apy for $5 min /$100k max.
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Old 08-27-2018, 11:41 PM   #107
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PenFed CU now offers Premium Online Savings account at 1.65 apy for $5 min /$100k max.
Do they have any special requirements? Their checking used to require X auto deposits or other hoops.
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Old 08-28-2018, 05:35 AM   #108
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As a member of MOAA (military officers) I opened an MOAA Money Market Savings Account at PenFed a number of years ago. It's currently paying 1.7% because they have a different method of calculating interest on this account. Their regular MM savings account pays only a fraction of this rate.

I think they still offer it, because the form to open it is still on their website if you search for it. So if anyone belongs to MOAA (I think there are some here) you could consider this.
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Old 08-28-2018, 07:58 AM   #109
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Do they have any special requirements? Their checking used to require X auto deposits or other hoops.
I opened the Penfed Premium Savings account. I didn't see any special requirements. In the FAQ section it says this account cannot be accessed via ATM. Opening the account is a bit funky. The only choice for funding was fill out a form manually (ugh!) and mail a check or by wire transfer. I tried to just step through the process but in doing so I got the account opened in less than 2 minutes. I downloaded the form but did not fill it out. Then I went back to the main menu and transferred funds from Penfed regular savings.

If they do not offer a good alternative for my 3% CD when it matures in December, this might be a place to park the funds for a while.
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Old 08-28-2018, 08:06 AM   #110
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Are these rates assuming APR or APY?
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Old 08-28-2018, 09:30 AM   #111
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Are these rates assuming APR or APY?
I assume we have a mix of APR and APY being reported. I usually try to specify but sometimes it takes some digging to get something other than the "headline" rate. For my purposes the difference is minute.
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Old 08-28-2018, 12:16 PM   #112
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Don't recall seeing these posted from Ally for a 12 mon HY CD:
$25k+ --2.5%

$5-25k--2.4

<$5k002.25
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Old 08-28-2018, 12:33 PM   #113
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I opened the Penfed Premium Savings account. I didn't see any special requirements. In the FAQ section it says this account cannot be accessed via ATM. Opening the account is a bit funky. The only choice for funding was fill out a form manually (ugh!) and mail a check or by wire transfer. I tried to just step through the process but in doing so I got the account opened in less than 2 minutes. I downloaded the form but did not fill it out. Then I went back to the main menu and transferred funds from Penfed regular savings.

If they do not offer a good alternative for my 3% CD when it matures in December, this might be a place to park the funds for a while.
I just opened the PF Premium Savings Account online in three minutes. I transferred funds online from another outside account to fund it. I was not asked to fill out any forms and mail them in.
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Old 08-31-2018, 07:32 PM   #114
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Ally online savings bumped to 1.85% APY.
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Old 09-03-2018, 08:08 AM   #115
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NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.

I'm tempted to put some of my money market $ into this as I have some old PenFed CD's coming due in December/January.

Link: https://www.nasafcu.com/img/certific...ex_member.html
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Old 09-03-2018, 08:29 AM   #116
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NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.

WOW!!!
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Old 09-03-2018, 08:59 AM   #117
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NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.

I'm tempted to put some of my money market $ into this as I have some old PenFed CD's coming due in December/January.

Link: https://www.nasafcu.com/img/certific...ex_member.html
The Space Society membership is free for 1 year. Then it goes to $20, which I suppose one would need to pay for the 15 mth CD. Would translate to .08% on 25k. Still a great net rate.
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Old 09-03-2018, 09:23 AM   #118
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The Space Society membership is free for 1 year. Then it goes to $20, which I suppose one would need to pay for the 15 mth CD. Would translate to .08% on 25k. Still a great net rate.
I doubt they would require you that you renew your membership once you have the CD with their credit union.

That is a great rate though, thanks for sharing copyright1997!
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Old 09-03-2018, 05:14 PM   #119
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Penfed has a 2% six month cd.
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Old 09-03-2018, 05:19 PM   #120
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Penfed has a 2% six month cd.
Per Fidelity, the expected rate on six month Treasury bills at tomorrow's auction is 2.25 percent. And they are exempt from state income tax. You can buy them through Fidelity or the other major discount brokers at no cost.
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