Ally folks - keep in mind that the 2.85% 14-month CD is still available through the end of February.
Yes, opened one last week
Ally folks - keep in mind that the 2.85% 14-month CD is still available through the end of February.
Yes, opened one last week��
I did one a month ago. Then decided a couple days ago, after interest rates continued falling and rates on new issue brokered CDs all fell, that I should do another while they had not taken it away. If they do continue to offer it all the way to month end, I'll likely open a third the last week of the month.
I also purchased one a month ago. It was @2.9% because ALLY throws you a small bone for rolling over a maturing CD.
Huh, I wasn't aware of that. Does Ally automatically tack on that extra 0.05% if you roll over the maturing CD into a new one, or you you have to specifically request it (and if so, how)?
It's automatic. But, it happens in a quirky way. When it rolls over it will show 2.85%. After 10 days, it will show 2.9%. The 2.9% is retroactive to the day it rolled over.
The 10 day period is significant at ALLY. If the rate goes up during that period, they give you the higher rate. You can also add more money during that period. I'm pretty sure you can do a partial withdrawal. However, I've never done that.
I got an email a week or so before my Ally CD matured. If you haven’t received that notice I would call.
Anyone here a Merrill Lynch/BOA customer and using the PVOXX MM at 2.55%? If you are a Merrill Lynch customer, know that they are about to reduce the normal sweep MM accounts interest so you need to switch.
Will Penfed be spamming my cell number with lots of unwanted offers, like they do my email?
A number of institutions have security code verification and use phone and some have the option to use your email which I prefer.The website insists on having a cell phone number to send a verification code to.
Penfed won't do an ACH transaction over the phone, to move $$$ into their Premium Savings 2% account. I have to do it using their website, myself. The website insists on having a cell phone number to send a verification code to. I hate to give out my cell phone number to anyone. Will Penfed be spamming my cell number with lots of unwanted offers, like they do my email? I don't mind the spam to my email, since I just delete it and it doesn't cost me anything but a click. But each spam to my cell phone will cost me something since I am on a pay-as-you-go setup.
Yes, some institutions limit the authorization code to phone only. I have a couple.Penfed does not abuse me cell phone #. I don’t recall needing a code to xfer funds between PFCU and outside accounts that are established. I can’t ever recall being limited to receiving a authorization code by one method. I can always choose phone or email.
Ally's site doesn't show a 14mo CD. Is that only a private offer?
https://www.ally.com/bank/cd-rates/