Best CD & MM Rates Thread 2019 - Please post updates here

John the third said:
I use bankrate.com to search for good Savings/MM rates. Also good for searching best loan and mortgage rates.
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Have you tried Depositaccounts.com?
I haven't been on the Bankrate site since someone here suggested using depositaccounts.com. The best CDs seem to be temporary Promo deals from Credit Unions and Online Banks. The details are sometimes provided by readers. I don't see much capability for Bakerate.com to be nearly as comprehensive.
 
Live And Learn said:
Same here. I just put some of my current cash into CapitalOne 1 yr 2.1%. The 2 CDs I have that come due Dec 12 will earn even less that that I'm sure. PenFed Online savings is 1.7%. I can't find anything better.
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Just had a no penalty 2.3% Ally CD mature and deposited the monies to Simple.com at 2.15%.
Have a 14 month 2.85% 14 month CD maturing in March 2020.
The only thing I have to put it into is the GTE 3.0% CD, but it would be for 5 years and will need some of the monies before that time.
 
Still a Few 3% available for some.

Lafayette Federal Credit Union 5-Year CD Earns 3.03% APY

P1FCU (ID/OR/WA) Offers 3.05% APY On 60-Month CD

GPO Federal Credit Union (NY) Adds 14-Month CD Special, 3.00% APY

Space City Credit Union (TX) Offers 3.04% APY On 5-Year Jumbo CD

Andrews Federal Credit Union Adds 3-month CD Special, 3.01% APY

All In Credit Union Unveils 53-Month Special CD, 3.00% APY
 
Dtail said:
Just had a no penalty 2.3% Ally CD mature and deposited the monies to Simple.com at 2.15%.
Have a 14 month 2.85% 14 month CD maturing in March 2020.
The only thing I have to put it into is the GTE 3.0% CD, but it would be for 5 years and will need some of the monies before that time.
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How did you deal with the simple.com's split your money/goal thing? I think ill be moving over to first foundation bank (2.372%) from comenity (1.9%).
 
lordjust said:
How did you deal with the simple.com's split your money/goal thing? I think ill be moving over to first foundation bank (2.372%) from comenity (1.9%).
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I opened up the regular savings account first and deposited the 20k there in order to receive the 500 bonus in Feb.
Then I opened up the Protected Goals savings account and transferred the monies from the other account.
The combined accounts count towards the bonus qualification status.
The Protected Goals account has an APY of 2.15%.
These monies are a substitute for Ally Bank (1.70%) for me.
 
The people on the phone for Simple are about the best and most responsive I've dealt with. Have had them call back within a few hours when they said they would; very helpful and nice to talk with. Their web site is horrible. Cute and fluffy and a royal PITA to get useful information from. Not amused by hiding my money in a "my goals" area so I don't see it and have to blow it all on penny candy and gimcracks. Very unfortunate; I want to like them but find Ally and Discover way easier to get information from or work with.
 
calmloki said:
The people on the phone for Simple are about the best and most responsive I've dealt with. Have had them call back within a few hours when they said they would; very helpful and nice to talk with. Their web site is horrible. Cute and fluffy and a royal PITA to get useful information from. Not amused by hiding my money in a "my goals" area so I don't see it and have to blow it all on penny candy and gimcracks. Very unfortunate; I want to like them but find Ally and Discover way easier to get information from or work with.
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Bolded by me - not sure what this means. I set up the Protected Goals account and haven't had to do anything since.
The website is horrible, but one can still see the balance plus interest earned in the goals account.
This account/bank for me is just a safekeeping account for future use of cash as part of managing MAGI. Thus I have minimal transactions and need to use the site frequently.
 
calmloki said:
The people on the phone for Simple are about the best and most responsive I've dealt with. Have had them call back within a few hours when they said they would; very helpful and nice to talk with. Their web site is horrible. Cute and fluffy and a royal PITA to get useful information from. Not amused by hiding my money in a "my goals" area so I don't see it and have to blow it all on penny candy and gimcracks. Very unfortunate; I want to like them but find Ally and Discover way easier to get information from or work with.
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I agree it is a horrible format. I also haven't figured out how to move money back to checking or how to move additional money into the protected goals account. Very awkward.
 
Golden sunsets said:
I agree it is a horrible format. I also haven't figured out how to move money back to checking or how to move additional money into the protected goals account. Very awkward.
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Agree, it is very awkward.

Move money to/from checking from/to goals:
https://www.simple.com/help/articles/goals/spending-from-goals - scroll down to the bottom.

Transferring money out of a Goal

You can also move money from your Goals back to your Safe-to-Spend.

Click on the Goal and select the Transfer button.

You'll see a screen pop up prompting you to transfer money into the Goal. Since right now, we want to move money out of the Goal, click Change to change the direction of the transfer.

You can also click on a Goal, drag, and drop onto your Safe-to-Spend. That'll automatically bring up the transfer screen, where you can specify the amount you'd like to move.
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Golden sunsets said:
Thanks NJ. Ridiculous.:facepalm:
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They've obviously taken the utilitarian route with the website attempting to make it "simple", however it seems that somewhere along the way they missed the mark and it went off the rails complicating things. I haven't tried the app, but I'm guessing it fits in with the whole goals/expenses thing and for younger folks looking to control their budget and save along the way maybe it makes more sense. For older folks, we want plain vanilla checking/savings.
 
ShokWaveRider said:
Still a Few 3% available for some.

Lafayette Federal Credit Union 5-Year CD Earns 3.03% APY

P1FCU (ID/OR/WA) Offers 3.05% APY On 60-Month CD

GPO Federal Credit Union (NY) Adds 14-Month CD Special, 3.00% APY

Space City Credit Union (TX) Offers 3.04% APY On 5-Year Jumbo CD

Andrews Federal Credit Union Adds 3-month CD Special, 3.01% APY

All In Credit Union Unveils 53-Month Special CD, 3.00% APY
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what site did you use to find these rates? I was curious about the membership requirements and can't find them. thanks
 
I had a CD at a credit union mature. I was planning to move the money elsewhere. I went to the branch to make the withdrawal, and also to ask a question: Could I renew the CD into their latest promo, which was for "new money only" (As was the CD that just ended)?

Without batting an eye, I was told I could, but this was a "one-time exception".

This was so easy it made me wonder if i could have crafted an even better deal. Maybe will try next time.
 
We plan on doing a largish gift to family (heirs) in the near term and my CDs maturing now and in the next couple of months are going to that. So I’m not currently in the market for new CDs!

Kind of a relief in a way not to have to shop for new CDs in this sudden return to very low interest rates.
 
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audreyh1 said:
We plan on doing a largish gift to family (heirs) in the near term and my CDs maturing now and in the next couple of months are going to that. So I’m not currently in the market for new CDs!
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You have always been my favorite relative:):)! Need my mailing address?:dance::dance:
 
Montecfo said:
I had a CD at a credit union mature. I was planning to move the money elsewhere. I went to the branch to make the withdrawal, and also to ask a question: Could I renew the CD into their latest promo, which was for "new money only" (As was the CD that just ended)?

Without batting an eye, I was told I could, but this was a "one-time exception".

This was so easy it made me wonder if i could have crafted an even better deal. Maybe will try next time.
Click to expand...

I have had credit unions make exceptions for me before so I have developed a policy that it never hurts to ask. I am in a similar position and I figured if they say no, I could always transfer the funds out and move them back in like laundering funds!
 
Montecfo said:
I had a CD at a credit union mature. I was planning to move the money elsewhere. I went to the branch to make the withdrawal, and also to ask a question: Could I renew the CD into their latest promo, which was for "new money only" (As was the CD that just ended)?

Without batting an eye, I was told I could, but this was a "one-time exception".

This was so easy it made me wonder if i could have crafted an even better deal. Maybe will try next time.
Click to expand...

I just did a similar thing with a couple maturing NASA FCU CD's. They were able to make an exception on the 10K in new $ requirement. Picked up the 15-month 2.5% as a place to hold the money.
 
copyright1997reloaded said:
I just did a similar thing with a couple maturing NASA FCU CD's. They were able to make an exception on the 10K in new $ requirement. Picked up the 15-month 2.5% as a place to hold the money.
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Have one there maturing 12/13 - called this morning to discuss moving it ($15 wire fee or $10k/day limit on a push/no limit on a pull). They said they would need $10k in additional new money to let me keep $104k there in a new 2.5% CD. Granted, it's not the 13th yet, but methinks NASAFCU is going to drop off my Quicken list of accounts soon. Have started test deposits from ALLY for a pull, but may just do a wire - about the same cost in lost interest as the wire fee.
 
Montecfo said:
I had a CD at a credit union mature. I was planning to move the money elsewhere. I went to the branch to make the withdrawal, and also to ask a question: Could I renew the CD into their latest promo, which was for "new money only" (As was the CD that just ended)?

Without batting an eye, I was told I could, but this was a "one-time exception".

This was so easy it made me wonder if i could have crafted an even better deal. Maybe will try next time.
Click to expand...
Doesn't sound like an exception. You could have asked for a check for the maturing CD, walked out the door, turned around and walked back in and it would have been new money.
 
Montecfo said:
I had a CD at a credit union mature. I was planning to move the money elsewhere. I went to the branch to make the withdrawal, and also to ask a question: Could I renew the CD into their latest promo, which was for "new money only" (As was the CD that just ended)?

Without batting an eye, I was told I could, but this was a "one-time exception".

This was so easy it made me wonder if i could have crafted an even better deal. Maybe will try next time.
Click to expand...

A little known fact is that banks frequently make exceptions and negotiate special rates for large depositors. "Large" depends on the size of the bank and the degree to which they will wiggle depends on the competitive environment, but it is always worth asking.
 
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