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CD Maturing

July 25th, 2016 at 02:23 pm

We have a $7,500 CD maturing next month. It's been earning 3.5% for the last 14 months. I'm thinking of rolling it into a 1.05% 12 month CD, but if I could find something better I would jump on it.

I noticed I have an offer on my American Express account to open a Gold card. Spend $2000, get 50K reward points. We did this for my husband earlier this year. We haven't even redeemed the points yet! I will probably open it, but I've been wanting to reduce cards, so this flies in the face of that idea!

Posted in Saving, Debt | 2 Comments »

2 Responses to “CD Maturing”

  1. AnotherReader Says:
    July 25th, 2016 at 05:33 pm 1469468016
    1469468016

    Lots of 1.25 percent offers for 12 month CD's. Check www.depositaccounts.com for rates.

  2. FrugalTexan75 Says:
    July 26th, 2016 at 12:32 am 1469493141
    1469493141

    I'd personally check around for a credit union offering Kasassa Checking - 2.5% interest (mine is up to 25k) for jumping through some loops - rather than a CD.

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