|
|
Best CD, MM Rates & Bank Special Deals Thread 2020 - Please post updates here
12-27-2019, 04:25 PM
|
#1
|
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
|
Best CD, MM Rates & Bank Special Deals Thread 2020 - Please post updates here
I though I would start this in time for the 1st of 2020. I included Bank deals as most folks post them here anyways.
Happy NY to you all and hope all you CD & MM investors/savers have a prosperous (and Healthy 2020).
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
12-27-2019, 06:05 PM
|
#2
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: Independence
Posts: 7,271
|
Fine fresh plan. Columbia Credit Union:
"If you, or anyone in your family, lives or works in Washington State or the Oregon communities of Clackamas, Marion, Multnomah, and Washington Counties, you’re eligible to join!"
Just bought a 3%/60Mo CD from them. No need for it to be IRA.
__________________
"Be kind whenever possible. It is always possible." Dalai Lama
|
|
|
Best CD & MM Rates Thread 2020 - Please post updates here
01-01-2020, 08:13 AM
|
#3
|
Full time employment: Posting here.
Join Date: Sep 2008
Posts: 998
|
Best CD & MM Rates Thread 2020 - Please post updates here
This post was a huge help to me in 2019.
Wanted to keep it going.
Only deal I am aware of is again at Navy Fed.
Opened one as a Roth a couple weeks ago over the phone
with interest from another Roth CD I have with Navy.
Super simple....
Special 37-Month IRA/ESA Certificate
$50 to open / OK to add funds apy 3.00%
This post was made a Sticky last year. Which was handy.
__________________
"I couldn't wait for success, so I went ahead without it." Ret. 2013 @ 51.
|
|
|
01-01-2020, 08:23 AM
|
#4
|
Recycles dryer sheets
Join Date: Dec 2009
Location: Ft Lauderdale
Posts: 164
|
Best rate I could find for a no strings money market account.
https://allamerica.bank/personal/banking
This is where the majority of my idol cash sits that I have full access to without penalty whenever needed.
|
|
|
01-01-2020, 08:23 AM
|
#5
|
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
|
One has already been started Here: Can Admin Please remove one.
http://www.early-retirement.org/foru...re-101376.html
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
|
|
|
01-01-2020, 08:24 AM
|
#6
|
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
|
Navy Federal CU:
Special 37-Month IRA/ESA Certificate
$50 to open / OK to add funds apy 3.00%
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
|
|
|
01-01-2020, 08:39 AM
|
#7
|
Full time employment: Posting here.
Join Date: Sep 2008
Posts: 998
|
Yea, didnt see one started early. Just up dated my orig post from 1/1/2019 to 1/1/2020
__________________
"I couldn't wait for success, so I went ahead without it." Ret. 2013 @ 51.
|
|
|
01-01-2020, 08:43 AM
|
#8
|
Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,021
|
Quote:
Originally Posted by ShokWaveRider
|
I merged the threads and put a sticky on this one.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
|
|
|
01-01-2020, 09:23 AM
|
#9
|
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
|
Community Shores Bank (MI) Rewards Checking Earns 3.25% APY
Deal Summary: Rewards Checking, 3.25% APY on qualifying balances up to $25k.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
|
|
|
01-08-2020, 07:12 AM
|
#10
|
Full time employment: Posting here.
Join Date: Dec 2017
Posts: 942
|
My cash bucket is at Coastal Credit Union. Checking gets 3% and MM gets 2%. The checking has a limit of $10k, so I keep close to that in there, with the rest in the MM. You have to have 30 transaction/month on their debit Visa to get these rates, but so far that has not been a problem (I use it for everything).
I used to have everything for my cash bucket in VMMXX, but this is more better, and no fees.
__________________
FIREd at 59.5 on 2019-01-18
|
|
|
01-08-2020, 11:18 AM
|
#11
|
Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 2,599
|
Quote:
Originally Posted by Tracer
Best rate I could find for a no strings money market account.
https://allamerica.bank/personal/banking
This is where the majority of my idol cash sits that I have full access to without penalty whenever needed.
|
This is a good rate, but I found Live Oak bank offering 1.85% APY no minimum balance, and no maximum limit. You can mail in a check, but, they prefer ACH transactions. Unlike Allamerica, tho, there is no credit or debit card associated with the account.
https://www.liveoakbank.com/
__________________
Only got A dimple, would have preferred 2!
|
|
|
01-11-2020, 08:06 AM
|
#12
|
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
|
Space Coast Credit Union (FL) Has Leading IRA CD Rates
For Local Folks, this appears like a great Deal in today's market. This is where we have 50% of our Retirement Nest Egg. It is a 30 mile drive for us but has been worth it.
One thing to be considered is they Pay Dividends Quarterly.
Deal Summary:
IRA CDs – 6-month (2.25% APY)
12-month (2.55% APY), 18-month (2.55% APY)
24-month (2.63% APY), 30-month (2.68% APY)
36-month (2.73% APY), 42-month (2.78% APY)
48-month (2.93% APY), 54-month (2.98% APY)
60-month (3.03% APY)
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
|
|
|
01-11-2020, 10:38 AM
|
#13
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,515
|
Quote:
Originally Posted by ShokWaveRider
Space Coast Credit Union (FL) Has Leading IRA CD Rates
For Local Folks, this appears like a great Deal in today's market. This is where we have 50% of our Retirement Nest Egg. It is a 30 mile drive for us but has been worth it.
One thing to be considered is they Pay Dividends Quarterly.
Deal Summary:
IRA CDs – 6-month (2.25% APY)
12-month (2.55% APY), 18-month (2.55% APY)
24-month (2.63% APY), 30-month (2.68% APY)
36-month (2.73% APY), 42-month (2.78% APY)
48-month (2.93% APY), 54-month (2.98% APY)
60-month (3.03% APY)
|
Those are some good rates especially the intermediate.
Are you saying you are 50% cash/CDs?
|
|
|
01-11-2020, 10:51 AM
|
#14
|
Thinks s/he gets paid by the post
Join Date: Jan 2012
Posts: 2,581
|
Patriot Bank is offering a 2.26% APR on new online money market accounts. $100 minimum deposit (no maximum that I could find), and rate is guaranteed through June 2020.
https://www.doctorofcredit.com/patri...rough-6-30-20/
Probably only worth doing if you have a substantial amount of cash to invest that isn't already earning a decent rate (like Ally's 1.6%).
|
|
|
01-11-2020, 11:14 AM
|
#15
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,198
|
Quote:
Originally Posted by ShokWaveRider
Space Coast Credit Union (FL) Has Leading IRA CD Rates
For Local Folks, this appears like a great Deal in today's market. This is where we have 50% of our Retirement Nest Egg. It is a 30 mile drive for us but has been worth it.
One thing to be considered is they Pay Dividends Quarterly.
Deal Summary:
IRA CDs – 6-month (2.25% APY)
12-month (2.55% APY), 18-month (2.55% APY)
24-month (2.63% APY), 30-month (2.68% APY)
36-month (2.73% APY), 42-month (2.78% APY)
48-month (2.93% APY), 54-month (2.98% APY)
60-month (3.03% APY)
|
Unfortunately it doesn't extend into Hillsborough, but did get at GTE 60 month at 3.30% APY.
__________________
TGIM
|
|
|
01-11-2020, 11:15 AM
|
#16
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,198
|
Quote:
Originally Posted by Montecfo
Those are some good rates especially the intermediate.
Are you saying you are 50% cash/CDs?
|
IIRC, SWR does not have stock exposure.
__________________
TGIM
|
|
|
01-11-2020, 09:42 PM
|
#17
|
Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: W Wash
Posts: 1,643
|
Seattle Bank (seattlebank.com) current CD rates competitive, decent website
Interest Rate APY 3 month 0.60%; 6 month 0.80% 9 month 1.00% 12 month 2.20% 24 month 2.30% 36 month 2.35% 48 month 2.40% 60 month 2.50. $1000 min
|
|
|
01-11-2020, 10:01 PM
|
#18
|
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
|
I’ve been taking advantage of the Andrews FCU certificate specials of 8 month at 2.05%, 13 month at 2.15% and 17 month at 2.25%.
__________________
Retired since summer 1999.
|
|
|
01-15-2020, 08:21 AM
|
#19
|
Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 2,775
|
Opened an 84 month CD for $20,000 at Andrews Federal Credit Union, for 3.05%. One year of interest is the penalty for early withdrawal. It was a difficult task to complete. Glitchy website, customer service reps that contradict one another, long wait times for reps to answer the phone. One rep actually told me there was a $10,000 max limit on the CD. One rep told me the EWP was only 6 months interest. Not wanting to diss Andrews too much, just relating my experience. Glad I finally have the CD established, since 3.05% is a good rate these days.
|
|
|
01-15-2020, 09:20 AM
|
#20
|
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
|
When I opened an 84 month certificate long ago the EWP was 180 days.
I have had no trouble opening CDs on the Andrews website although a while ago it did take me some time to figure out to click on the “+” sign to open a new CD.
__________________
Retired since summer 1999.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|