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March Interest Income

April 4th, 2016 at 07:06 pm

For March we earned $30.09 on around $10K worth of CDs. Those rates are pretty good that we got through Navy Federal Credit Union. I wish there were more! Both these CDs will come due in the second half of the year.

We still have a big stash of cash in our money market account earning about 1%. We earned $33.47 on that money last month. Better than nothing, but I think I'm finally convinced to try some of those prepaid card accounts where I can open a savings account and earn 5% on $5K. I'll start with one account first, but potentially we can open two more for me, and three for my husband, investing $30K earning 5%.

How much interest did you earn in March?

Posted in Saving | 5 Comments »

5 Responses to “March Interest Income”

  1. Beawealthywarrior Says:
    April 4th, 2016 at 07:25 pm 1459797907
    1459797907

    CCF, please tell me more about the prepaid cards you mention. I would love to earn 5%!

  2. creditcardfree Says:
    April 4th, 2016 at 08:04 pm 1459800242
    1459800242

    I originally learned them from Laura, Frugal Texan. She received her first quarterly payment recently.
    Text is Here's and Link is http://thefinancebuff.com/netspend-5-percent-savings-account.html
    Here's an article about it. Laura has a referral link...and once I get started I will too. But don't wait for me. Good thing is the money is FDIC insured.

  3. creditcardfree Says:
    April 4th, 2016 at 10:37 pm 1459809449
    1459809449

    And there's an article on
    Text is My Money Blog and Link is http://thefinancebuff.com/netspend-5-percent-savings-account.html
    My Money Blog about it too.

  4. Beawealthywarrior Says:
    April 4th, 2016 at 11:19 pm 1459811969
    1459811969

    Thanks!

  5. FrugalTexan75 Says:
    April 6th, 2016 at 02:08 am 1459908483
    1459908483

    I earned $25.90 from my credit union account, a few dollars from ING/Cap One, and of course the $50 some odd dollars from Brinks. Smile

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