Comments on: How I Got a 4.80% 9-Month CD Last Week!

By: Howie

Howie — Wed, 16 Jul 2008 17:04:55 +0000

But what if Wachovia fails, then what? This bank is tied up with the CA mortgage mess?

Howie

By: Forsi

Forsi — Tue, 22 Apr 2008 15:49:46 +0000

Sock rocker said:
on April 7th at 06:30 pm
You are all getting ripped. Suntrust just offered me a 6% rate for my second renewal. I’m gonna go buy a Vette
SunTrust is offerring 6%??? For what term? Online or what branch?

By: Sock rocker

Sock rocker — Mon, 07 Apr 2008 18:30:15 +0000

You are all getting ripped. Suntrust just offered me a 6% rate for my second renewal. I’m gonna go buy a Vette.

By: kathy

kathy — Tue, 01 Apr 2008 17:54:14 +0000

I had the same experience at Wachovia. They weren’t even interested in rolling my CDs. I agree with Nate. World was much better and friendlier than Wachovia

By: Bankaholic.com

Bankaholic.com — Fri, 14 Mar 2008 18:01:15 +0000

Indymac 4mo @ 4.15 has expired in anticipation of next weeks rate cuts. They are now promoting a 12 -or- 18 mo CD at 4.05

By: Carol Mc Adams

Carol Mc Adams — Thu, 13 Mar 2008 19:33:04 +0000

Tom,

What bank or institution is offering the 6% up to $25,000?
Online or Brick and Mortar?

By: Tom

Tom — Wed, 12 Mar 2008 12:46:56 +0000

Try new reward checking. Earn 6% up to $25,000 with minimal commitment. If you want to deposit more, open another account.

By: Jim

Jim — Tue, 11 Mar 2008 00:35:20 +0000

what about indy mac? 4 month at 4.15??

By: rb

rb — Sun, 09 Mar 2008 22:54:52 +0000

only offered 3.10% yesterday for renewing 5.25% 7 month World Savings $100,000 CD. Guess they didn’t need my money. However, automatic rollover would have been at 2.3% so they did offer me a little more in person. Moved to WaMu at 4.0% for 8 month.

By: Nate

Nate — Tue, 04 Mar 2008 17:30:45 +0000

Sorry. I was atwachovia last week and I have another CD due this week- both nearly 100K and they wouldn’t even go to 4.05%, let alone the over 5% on each account. Sounds like you got very lucky or you are making it upQ

By: Khan

Khan — Fri, 29 Feb 2008 19:22:45 +0000

Blueblur,
I just went to Principal’s website today and they’ve dropped the rate to 3.85%. Two days ago it was at 4.85% and I opened and locked it with an application thats good for 2 weeks. Countrywide also dropped their rate today by .25% points.

By: Don

Don — Fri, 29 Feb 2008 17:14:52 +0000

If you really want to be ripped off, open up a CD with Countrywide. They will sit on your funds transfer until the lock-in period expires and then lock you in at a lower rate. All this and they don’t even need to sick a gun in your ribs. Stay away from Countrywide, they’re the worst.

By: BlueBlur

BlueBlur — Fri, 29 Feb 2008 17:09:42 +0000

I was just at principal bank and the rates don’t seem all that impressive. Even ING has better rates on their CDs
https://secure02.principal.com/bank/apps/rates/index.do

By: Khan

Khan — Fri, 29 Feb 2008 01:58:00 +0000

Everyone, skip over to http://www.principalbank.com for their 7 month and 14 month special CD rates. 14 month is at 4.85% and 7 month is at 4.75%. Its only for a limited time from what I have been told! GOOD LUCK!

By: Jackie

Jackie — Thu, 28 Feb 2008 00:14:22 +0000

Awesome!! One of my CD’s matured 2 weeks ago and have yet to find a great rate. Can’t believe how much the rates have dropped!! Just found a great rate of 5.41% with Amtrust Direct Bank for a 12 month CD!!!

By: Mactek

Mactek — Wed, 27 Feb 2008 04:31:08 +0000

Unfortunately it looks like we are headed towards a recession with a rising inflation (stagflation). Locking money away in a CD may not be the best way to hold on to wealth as the value of the dollar continues to drop.

By: lOU

lOU — Mon, 25 Feb 2008 18:21:49 +0000

I renewed a CD at World/Wachovia on Feb 13, and I asked for a better rate than what was being offered. Bank rep offered me 4.07% for 6 months which I thought was good at the time.But now I see that Tiffany got a 10 month CD at 5.05% at Wachovia on Feb 19. I would have taken that IF it was offered to me.

By: Drew

Drew — Sun, 24 Feb 2008 13:32:43 +0000

Sorry, but rates were never “sky high” 9 months ago. Historically, rates have been VERY LOW for the last 5+ years.

By: sparky

sparky — Sun, 24 Feb 2008 06:06:35 +0000

I had that same World Savings 10 month CD up for renewal on Feb 14.
Wachovia (in Tucson Az) would not offer any consideration on the renewal.
As a result, they have lost my account ($150,000 worth of business).
In fact, management seems to care little about maintaining these types of relationships.
All these retail banks are losing out to more competitive frachises.
With internet access, it pays to search out the best legitimate return regardless of location (U.S. & FDIC insured of course).

By: Bankaholic.com

Bankaholic.com — Wed, 20 Feb 2008 05:34:06 +0000

Tiffany,
That is a KILLER CD rate! Congrats!