Managed to finagle a sweet bear rug at MSD FCU. It was all luck; no skill involved.
They pushed hard on new members to move funds to them by wire. Coincidentally they have a $15 incoming wire fee! Big shock, right?
Anyway, I did not take the bait and mailed them a check, instead. Cost me one stamp. The USPS did not let me down, delivering my check just in the nick of time. Got the 3.5% APY CD and also double interest of 6% on my deposit for three days. You cannot beat that outcome with a big stick!
Q: Uh, Shin, you do realize if your letter had not been delivered timely you would have missed the deal entirely . . . right? And are you aware the USPS cannot be relied upon at all?
Yeah, I know. But you try stuff. Sometimes it works out. Other times things do NOT go your way and you lose. Itās a lottery. You cannot win if you do not play.
Candidly I was curious to find out what would happen if my check had not arrived when it did. Sure, they were insistent up front it was a HARD cutoff of the deal today, Friday. But would they actually have enforced that hardline position holding my check in their hands on Monday, if it had not arrived until then? I dunno and I never will . . now. But I was willing to risk it . . . just for fun.
I guess with 1 stamp, you didnāt go ānext day delivā? That usually costs around $27. I have used that method before on an outstanding dealā¦
So the wait goes on.
I have 2 CDās that mature in April. I have a couple add-on CDās that pay 3 & 3.15%. But, I may go ahead & use our Grow MM Special 2.75%, to hang tight.
donāt understand the fixation chasing rates with the CD accounts. I gave up with tying up funds and mainly am into the gift card/Wmart/depositing to numerous checking accts. (manufactured spending) Very lucrative and tax free but you need the right cards to plus free time. But I am sold on CIT 2.45 rateā¦no hasslesā¦no time limits. Some here can try for checking bonusesā¦ easy requirements and easy money. I do that also. Did the 450.00 bonus from Citizens bank and got the $ yesterday. You can close acct with no penalty but I leave it there for some extra time. There is an unadvertised special at Republic Bank for a 750 bonus with 15k Balance. You can find the ad onlineā¦It states only available in Jackson Hole WY. BUT NOT TRUEā¦ I opened the acct last week on Park Ave in NYC. Exp date extended to 4/30/19. They seem to have many branches but must go in person. Hope I helped someone.
I agree with your general perspective in this post. But I do have to nit-pick the statement about CIT. They have a history of inventing new savings products to avoid paying advertised rates to their existing customers. I had three different accounts with them last year, all the same thing. Yes, you can call in and get your funds moved over, but I think at that point, they are no longer eligible for the words āno hassle.ā
Also, remember that some of us here have done the FIRE thing. Even with all our other activities, time spent managing our finances is not as scarce as those with regular jobs. It doesnāt take as much incentive to chase increased return because there is enjoyment in the pursuit. That doesnāt mean Iād move money around for an extra tenth of a percent, but if I have cash I can tie up for 8 months, Iām certainly going to commit that at 2.85% rather than settle for 2.35%.
First National Bank of America (FNBA) is offering high yielding certificates of deposit. You need at least $1000 to get going with them. However be careful and aware, the terms are VERY long.
Guys this is a comment only . . . . not a new deal.
I post deals here from time to time, when I see 'em elsewhere, both CD deals here and liquid funds deals over on the liquid funds thread. This comment applies to both categories of such deals:
Iām really starting to wonder what is going on over on Kenās website. It even seems possible Ken might be gone or at best working part time. There are deals Iām posting here that are not appearing over there on Kenās blog . . . . . . if it still is Kenās! Whoever is substituting for Ken, if thatās what is happening, is not doing a very good job.
Anyone posting deals here, and surely myself included, is merely an amateur, an imposter, compared with Ken, who is legendary when it comes to ferreting out great deals . . . or at least he was.
I have relied for many years on Ken to find and post great deals. It appears the end of the gravy train sadly might be in sight.
[This should have gone into the liquid rate thread but oh wellā¦]
I recently spoke with A banking officer @ Northpointe Bank who offered me 2.5% with a rate lock of 12 months. Since both EBSB and Northernās lock expires in June I figured Iād ask him if the offer still applied and also if he minded me passing it on to a few others
Here is his response. Hope some find it of use. It will require 25K+ but thatās a nice long guarantee. Please do not post this in a general forum/blog like depositaccounts.com since I donāt think he plans such a WIDE invitation.
Hi Rudi,
Thank you for your email! I would be happy to still offer the 2.50% APY guaranteed for 12 months to you. In fact, I have already applied the new rate to your account. Please allow an overnight update for the rate to be viewable within online banking. You will need a minimum deposit of $25,000 to earn 2.50% APY.
I would also be happy to extend this offer to personal accounts that you refer! Feel free to direct any potential new customers to our dedicated webpage: www.northpointe.com/earn230/ where they can see the fine print and apply for a new account, or to me directly to assist in answering any questions. In order to receive the bump up to 2.50% APY please have those customers reach out to me when the account has been established to have the 2.50% applied to their accounts.
If you have any questions or if I can assist you from here please let me know.
I am doing the same with the CD I have maturing tomorrow. Opening the 17 month one too ( with just $50 for now ). When the 6 month matures, Iāll have an 11 month 3.2% CD to move it to at that point if nothing else looks better.