Retfree17
Confused about dryer sheets
Andrews currently allows to close CDs early without EWP if you open new CD with them with maturity over 24 months. Do it thru chat while logged in to your account. There is extensive blog on Deposit Accounts about this.
I had CDs maturing in Jan 2024, Feb 2024 and March 2027. There is a chance that rates at the beginning of 2024 will be lower if Feds will start cutting rates ( March 2027 more likely lower), so I decided to close those CDs without penalty and opened 7 yr CD with 4.35% APY. It is not a greatest rate but I don’t want to take chances and guess where rates will be when my CDs will mature.