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01-25-2019, 01:00 PM
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#161
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Full time employment: Posting here.
Join Date: Apr 2015
Posts: 580
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Jealous, just locked into 2.90% up here in the Bay Area. I knew thing's would change the minute I pulled the trigger.
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01-25-2019, 08:37 PM
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#162
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 2,343
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 Quote:
Originally Posted by stepford
Finally a decent rate available in Southern California. Premier America Credit Union (open to LA and Ventura County residents) now has a 17 month 3.20% CD. EWP is 180 days worth of dividends, which I can live with.
I think this is where I'm going to park much of my short term cash.
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I put a chunk of money yesterday in their 16 month 3.15%. When I saw the 17 month CD, I called them today and asked if I could close the 16 month and open the 17 month. I found out that their 180 day EWP will eat into your principal if you withdraw during the 1st 179 days. Because I was a bit forceful, the supervisor said they would make a one time exception and change 16 months to 17. I guess it pays to read the EWP penalty before continuing.
__________________
I look to the present moment because that's where I live my life.
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01-26-2019, 03:24 PM
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#163
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Full time employment: Posting here.
Join Date: May 2014
Posts: 979
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Just locked in a 17-month 3,25 with Navy Fed. The max cd is $50K, which I jumped on quickly. This may be the best short-term CD out there now.
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01-26-2019, 05:58 PM
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#164
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,931
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01-26-2019, 07:55 PM
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#165
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Recycles dryer sheets
Join Date: Jul 2012
Location: San Antonio
Posts: 140
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Quote:
Originally Posted by WWDog
I went to Penfed last week to authorize roll over of my cd and ira. Representative told me the rates would be good to the end of the month. I'm not sure I will get the higher rate on the 23rd when it rolls over. I guess I'll call tomorrow and find out. The IRA rolls over beginning of Feb.
When I transferred my Roth IRA to Penfed about 5 years ago, it took forever to get the money transferred from Fidelity. I had to set up camp at the local Fidelity office to make it happen and was very disturbed with them.
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The paperwork came through on the roll over and it had the 3.44% compounded to 3.5% like the representative promised. I guess Penfed is good on their word. Now to see what I get on a roll over of my Roth IRA CD that happens early in Feb. The site does not show a different rate for IRA versus regular CD like it did last month.
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01-26-2019, 09:20 PM
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#166
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Recycles dryer sheets
Join Date: Jun 2011
Posts: 297
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Quote:
Originally Posted by cbo111
Just locked in a 17-month 3,25 with Navy Fed. The max cd is $50K, which I jumped on quickly. This may be the best short-term CD out there now.
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Yes, that's the best rate for non-IRA CD. For IRA CD, NFCU has 40 month at 3.75% which is also real good rate.
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01-27-2019, 08:32 AM
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#167
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Moderator
Join Date: Sep 2006
Posts: 4,066
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CitBank has a 2.45% rate on their Savings Builder Account, if you have a balance of $25K or deposit $100/mo.
__________________
simple girl
less stuff, more time
(55, married; Mr. Simple Girl, 59. FIRED 12/31/19!)
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01-27-2019, 01:59 PM
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#168
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Dryer sheet aficionado
Join Date: Jan 2009
Posts: 45
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01-27-2019, 02:12 PM
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#169
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,951
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Quote:
Originally Posted by CABarb
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The write up in DepositAccounts.com seems fairly positive: https://www.depositaccounts.com/bank...access/offers/. Disclaimer: I have no personal experience with them.
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01-28-2019, 10:23 AM
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#170
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,951
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Just got an email from NorthernBankDirect raising the interest rate on my money market account from 2.25% APY to 2.50% APY. Interestingly enough, I don't see this rate advertised on their web site, https://www.northernbankdirect.com/
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01-28-2019, 12:54 PM
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#171
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Recycles dryer sheets
Join Date: Jan 2008
Posts: 397
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Quote:
Originally Posted by WWDog
Penfed The site does not show a different rate for IRA versus regular CD like it did last month.
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When I check PenFed today, it still shows IRA certificates being 1/10 of a point less than regular CD's.
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01-28-2019, 02:20 PM
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#172
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 1,166
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Quote:
Originally Posted by copyright1997reloaded
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Sounds like there is no way to setup beneficiaries online or via mail, though. You apparently have to give all the info (including SS #) verbally to a CSR over the phone (no thanks!)
I'm interested in Citizens Access but the beneficiary issue is a big hurdle/potential deal breaker..
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Best CD & MM Rates Thread 2019 - Please post updates here
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01-28-2019, 04:41 PM
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#173
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Administrator
Join Date: Apr 2006
Posts: 23,041
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Best CD & MM Rates Thread 2019 - Please post updates here
With a hat tip to ShokWaveRider, we are splitting off the thread for 2019 and leaving the 2018 version as an archive. Link to 2018 is here http://www.early-retirement.org/foru...ere-93051.html
__________________
Living an analog life in the Digital Age.
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01-28-2019, 05:20 PM
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#174
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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: 38,145
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Quote:
Originally Posted by Gumby
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Thanks! Whew!!!
__________________
Retired since summer 1999.
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01-29-2019, 12:49 AM
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#175
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Dryer sheet aficionado
Join Date: Apr 2016
Posts: 42
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I don't see much about CDbank.com here. Are they a good option?
12 Months 2.80%
18 Months 3.00%
24 Months 3.07% (up to 60 months all at 3.07%)
I'm just putting together my first CD ladder (took my first step a few weeks ago with a 2 year Capital One CD @2.8% since I already was using them for high interest savings)
My brother is retired Navy - got my parents into NFCU - but I don't have that option.
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01-29-2019, 05:04 AM
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#176
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Recycles dryer sheets
Join Date: Jan 2008
Posts: 397
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Quote:
Originally Posted by BeanCounter62
My brother is retired Navy - got my parents into NFCU - but I don't have that option.
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You can join if you want. From NavyFed "If you have an immediate family member who has joined or one who's eligible to join, you can become a Navy Federal member. Immediate family members include grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) and household members."
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01-29-2019, 06:34 AM
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#177
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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: 7,723
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__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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01-29-2019, 10:50 AM
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#178
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Full time employment: Posting here.
Join Date: Nov 2008
Location: Jacksonville
Posts: 637
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Quote:
Originally Posted by jazz4cash
Tell us more! Is the boost for being a 25 yr member a formal policy? I've never heard of that before.
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I wasn't aware of the bump. I opened it at 3.25% and then got an e-mail from NFCU informing me I was bumped to 3.45% because of my 25 year of banking with them.
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01-29-2019, 11:41 AM
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#179
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,951
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Quote:
Originally Posted by copyright1997reloaded
Just got an email from NorthernBankDirect raising the interest rate on my money market account from 2.25% APY to 2.50% APY. Interestingly enough, I don't see this rate advertised on their web site, https://www.northernbankdirect.com/ |
Update to my previous post: https://www.depositaccounts.com/bank...direct/offers/
It appears the offer is only to those of us who took advantage (in time) on the 2.25% deal last year. For me, I had moved most of the $ in the account to Ally when the 1% bonus was offered, but fortunately left a few hundred $ in the account. So, I can take advantage of this offer on my last maturing Penfed 3% CD's (maturing 1/31/19).
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01-30-2019, 10:13 AM
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#180
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 2,343
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Quote:
It is! Their online application process is a little quirky.
__________________
I look to the present moment because that's where I live my life.
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