Join Early Retirement Today
Closed Thread
 
Thread Tools Display Modes
Old 03-12-2020, 08:02 AM   #161
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,204
+1 3.33% weighted average on credit union CDs and 5.82% on preferred stock portfolio, weighted average of 3.95% .... ~45% of portfolio but getting higher every day.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56
pb4uski is offline  
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!

Old 03-12-2020, 02:55 PM   #162
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
harley's Avatar
 
Join Date: May 2008
Location: No fixed abode
Posts: 8,764
Can't find a decent CD or savings account rate anywhere, so I signed up for another credit card for the $500 cash bonus if we charge $3K in the next 3 months. Also 1.5% cashback. I feel like a millionaire picking up coke bottles for the deposit money.

Just fyi, this was a Chase Ink Business Card. They mailed me the offer with a code on it I needed to enter in order to get the deal. So I don't know if it's generally available. We have a small business, so I assume that's why we got the offer.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
harley is offline  
Old 03-13-2020, 08:37 AM   #163
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 7,271
Ally just sent this:
https://www.ally.com/go/bank/bonus/?CP=EML400001698

Rates dropping to 1.5%, but a 1% bonus (up to $250) for moving money to them. $250 for moving $25k in, plus the 1.5% interest.
__________________
"Be kind whenever possible. It is always possible." Dalai Lama
calmloki is offline  
Old 03-13-2020, 08:40 AM   #164
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
Hmmmm - a bunch of my funds are tied up in short-term CDs, and I am close to FDIC limit at Ally already as I bought several CDs earlier this year. I got the email.

Oops, they just dropped their no-penalty CD rate to 1.75% from 1.90% for $25K level. My CDs are maturing and rolling over on Monday! At least I get a .05% bonus for the automatic rollover, but I’ll be 1.8% instead of the hoped for 1.95%. Not a huge difference in terms of $$.
__________________
Retired since summer 1999.
audreyh1 is offline  
Old 03-13-2020, 09:06 AM   #165
Recycles dryer sheets
 
Join Date: Jul 2018
Posts: 327
That 1.25% or less for FZDXX might not be TOO bad right now. I moved 100k from FZDXX into a couple of dividend funds and lost 10k. This was in my IRA and wanted to put it to work. I have learned my lesson.
Bruno is online now  
Old 03-13-2020, 09:10 AM   #166
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
Quote:
Originally Posted by Bruno View Post
That 1.25% or less for FZDXX might not be TOO bad right now. I moved 100k from FZDXX into a couple of dividend funds and lost 10k. This was in my IRA and wanted to put it to work. I have learned my lesson.
FZDXX will continue to drop in yield, just FYI.
__________________
Retired since summer 1999.
audreyh1 is offline  
Old 03-13-2020, 09:47 AM   #167
Recycles dryer sheets
 
Join Date: Jul 2018
Posts: 327
Quote:
Originally Posted by audreyh1 View Post
FZDXX will continue to drop in yield, just FYI.
I got a mailier today from Discover 12 Mo CD for 2%. I logged on and its down to 1.75%. Called in and Discover said they would honor the 2%. Anything better out there?
Bruno is online now  
Old 03-13-2020, 10:10 AM   #168
Recycles dryer sheets
 
Join Date: Feb 2011
Location: Arlington Heights
Posts: 271
Quote:
Originally Posted by audreyh1 View Post
Hmmmm - a bunch of my funds are tied up in short-term CDs, and I am close to FDIC limit at Ally already as I bought several CDs earlier this year. I got the email.

Oops, they just dropped their no-penalty CD rate to 1.75% from 1.90% for $25K level. My CDs are maturing and rolling over on Monday! At least I get a .05% bonus for the automatic rollover, but I’ll be 1.8% instead of the hoped for 1.95%. Not a huge difference in terms of $$.
I'm in the same situation where my CD rolls over on Monday! But I never got an email! Hmmmm.
SoReady is offline  
Old 03-13-2020, 10:10 AM   #169
Recycles dryer sheets
 
Join Date: Feb 2011
Location: Arlington Heights
Posts: 271
Quote:
Originally Posted by Bruno View Post
I got a mailier today from Discover 12 Mo CD for 2%. I logged on and its down to 1.75%. Called in and Discover said they would honor the 2%. Anything better out there?
Is this mailer in snail mail or email?
SoReady is offline  
Old 03-13-2020, 10:21 AM   #170
Recycles dryer sheets
 
Join Date: Jul 2018
Posts: 327
Quote:
Originally Posted by SoReady View Post
Is this mailer in snail mail or email?
It was Snail mail. phone number to call was 877-272-8093. Discover told me they would honor 2% flyer offer till April 4. I wonder it they keep track of who all they send those flyers too? Might be worth the call and use the 2%.

PS said new account would show 1.75 for about 30 days until it updated.
Bruno is online now  
Old 03-13-2020, 10:36 AM   #171
Thinks s/he gets paid by the post
njhowie's Avatar
 
Join Date: Mar 2012
Posts: 3,925
Quote:
Originally Posted by Bruno View Post
Anything better out there?
Well, if you are looking at a jumbo CD, these guys have very good rates:
[mod edit: scam site]

9-Month No Penalty 3.2% for $500,000 minimum
12-Month No Penalty 3.04% for $200,000 minimum

15-60 Months $200k-$500k for 3.14%-3.56%

It is through Synovus and they are well known.
njhowie is offline  
Old 03-13-2020, 11:17 AM   #172
Thinks s/he gets paid by the post
 
Join Date: Aug 2013
Location: North
Posts: 4,023
The bank I work for lowered rates Monday. No word on guidance but likely to hell in a hand basket.
__________________
Time > $$$ ~ 100% equities ~ FIRE @2031
kgtest is offline  
Old 03-13-2020, 11:30 AM   #173
Recycles dryer sheets
 
Join Date: Jul 2018
Posts: 327
[QUOTE=njhowie;2386482]Well, if you are looking at a jumbo CD, these guys have very good rates:
[mod edit: scam site]

Renewed one of my Jumbo several months ago but have another one coming out in Sept.
Bruno is online now  
Old 03-13-2020, 01:27 PM   #174
Full time employment: Posting here.
RetiredAt55.5's Avatar
 
Join Date: May 2017
Location: Southeastern PA
Posts: 764
Quote:
Originally Posted by audreyh1 View Post
Hmmmm - a bunch of my funds are tied up in short-term CDs, and I am close to FDIC limit at Ally already as I bought several CDs earlier this year. I got the email.

Oops, they just dropped their no-penalty CD rate to 1.75% from 1.90% for $25K level. My CDs are maturing and rolling over on Monday! At least I get a .05% bonus for the automatic rollover, but I’ll be 1.8% instead of the hoped for 1.95%. Not a huge difference in terms of $$.
Too late now, but you could've opened new CD's at Ally this week, but not funded them (as a hedge in case the rates dropped before Monday). It's nice Ally gives you 10 days to fund CD's once opened, and the rate is guaranteed for that period. If you end up not funding them, the unfunded CD accounts just close and disappear in a couple of months. Yes, you would've lost the rollover bonus, but it looks like you would've been slightly ahead given the rate drop.
RetiredAt55.5 is offline  
Old 03-13-2020, 01:35 PM   #175
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 audreyh1 View Post
Hmmmm - a bunch of my funds are tied up in short-term CDs, and I am close to FDIC limit at Ally already as I bought several CDs earlier this year. I got the email.

Oops, they just dropped their no-penalty CD rate to 1.75% from 1.90% for $25K level. My CDs are maturing and rolling over on Monday! At least I get a .05% bonus for the automatic rollover, but I’ll be 1.8% instead of the hoped for 1.95%. Not a huge difference in terms of $$.
Locked in 3 new CD's at Ally for the 1.90% 2 days ago, but lost out by 1 day getting a 5 yr 2.15% CD.
Timing is everything.
__________________
TGIM
Dtail is online now  
Old 03-13-2020, 01:44 PM   #176
Full time employment: Posting here.
RetiredAt55.5's Avatar
 
Join Date: May 2017
Location: Southeastern PA
Posts: 764
Quote:
Originally Posted by SoReady View Post
I'm in the same situation where my CD rolls over on Monday! But I never got an email! Hmmmm.
Note, the 1% Ally bonus only counts for new money coming into Ally. If you read thru all the details, they will calculate the net inflow to determine the bonus amount.

Doh, I just added over $100K to Ally CD's in the last 10 days, before the bonus announcement. But, I did get the higher rates. Seems like the last rate drop coincided with the bonus offer.

If it's any consolation, the 1% is capped at $250, which works out to $25,000 of new money.
RetiredAt55.5 is offline  
Old 03-13-2020, 01:45 PM   #177
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 njhowie View Post
Well, if you are looking at a jumbo CD, these guys have very good rates:
[mod edit: scam site]

9-Month No Penalty 3.2% for $500,000 minimum
12-Month No Penalty 3.04% for $200,000 minimum

15-60 Months $200k-$500k for 3.14%-3.56%

It is through Synovus and they are well known.
These are great rates even if the requirement is large. They have an office 15 minutes from me.
Will keep them in mind for future references.
__________________
TGIM
Dtail is online now  
Old 03-13-2020, 02:39 PM   #178
Thinks s/he gets paid by the post
gcgang's Avatar
 
Join Date: Sep 2012
Posts: 1,568
Ally is offering $250 for deposits until later in March.

I’m giving up on my TBills for a while and transferring there (they just lowered savings rate from 1.60% to 1.50%) anyways, and the extra $250 is nice!
__________________
You know that suit they burying you in? Thar ain’t no pockets in that suit, boy.
gcgang is offline  
Old 03-13-2020, 03:07 PM   #179
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,341
Quote:
Originally Posted by LRDave View Post
I just closed my 5/3 checking account. Balance has to be zero to do it over the phone, but they didn't hassle me or transfer me to a "remediation specialist". Took about 10 minutes. It cost me $3 to transfer the $750 to my current bank, so only earned $247 off of my $500 investment.
.
Anytime, I do a bank bonus promo, the first thing I do is link my Ally account to it so I can use Ally to pull my money out before I close the account. Easy peasy.
__________________
I look to the present moment because that's where I live my life.
MJ is offline  
Old 03-13-2020, 03:57 PM   #180
Thinks s/he gets paid by the post
 
Join Date: May 2019
Posts: 2,637
Quote:
Originally Posted by Dtail View Post
Locked in 3 new CD's at Ally for the 1.90% 2 days ago, but lost out by 1 day getting a 5 yr 2.15% CD.
Timing is everything.

I just renewed 3 one-year Ally CDs for 2.05% (including the bonus). I have one more from there coming up for renewal in May. Now with the lower rate just after my last renewal, I hope there's a deal when the time comes around for the next one. I thought 2.05% was bad enough since they had been 2.7 to 2.75%.
GenXguy is offline  
Closed Thread


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Best CD & MM Rates Thread 2019 - Please post updates here almost there FIRE and Money 929 01-01-2020 10:09 AM
Noticed more people holding signs "need work or food" rayinpenn Other topics 3 05-03-2015 02:51 PM

» Quick Links

 
All times are GMT -6. The time now is 04:44 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.