Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I have been tempted by some CD rates offered by Internet banks. They have no brick and mortar buildings to visit, everything is done online or over the phone, or, GASP! by mail. I am thinking of using one to get a bit more interest on the money I am stashing away for the nest 12-24 months as I approach retirement. Of course, the bank must be FDIC insured. Are there any other considerations that need to be taken into account? Any surprises that you did not expect?