Thanks to BAWW commenting on my last post, I am now aware of a new CD at Navy Federal Credit Union paying 3.25% for 17 months. I knew there would be some good rates coming up soon!
I'm in the process of transferring money from a couple of different accounts so that we can fund this new CD. One bank will only allow $5,000 transfer per day. I need to move $13,000, so it will take THREE transfers. I'm sure a wire could have been done, but that requires a fee. I'm nearly positive this is a new thing for this bank. A little frustrating.
The most interest we are earning on some of our money is a CD that will come due in March. That CD is earning 2.25%, so this increase of 1% is significant.
More Interest
January 9th, 2019 at 06:17 pm
January 9th, 2019 at 07:49 pm 1547063356
January 9th, 2019 at 08:37 pm 1547066224
January 9th, 2019 at 09:30 pm 1547069451
January 9th, 2019 at 09:33 pm 1547069628
January 9th, 2019 at 09:48 pm 1547070487
What penalties BWW do you get for closing CDs early?
January 9th, 2019 at 10:13 pm 1547071996
January 10th, 2019 at 02:51 am 1547088718
January 13th, 2019 at 07:57 pm 1547409441