Original Post
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Edited November 14, 2022
at 12:37 PM
by
CIT Bank, our partner, offers the following benefits with their
13-Month Term CD.- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- See site for details
Slickdeals may be compensated by CIT Bank
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$920 - ($920 x (25% + 9%)) = $607.2
You can use above example to plug in your real tax bracket percentages to get your own number. It's a bit difficult to show the calculation of interest on here but you can find interest calculator on web.
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https://info.direct.com/leading-c...1680317112
Ally offers 5.0 APY no minimum no obligation Cds you can take your money when you need it without penalty.
https://www.ally.com/bank/high-yi...lsrc=aw.ds
Schwab offers 5.35 on 10 month cds
This deal is trash... locking up your money at low rates is a stupid move when you could put it in axos bank for higher interest and use it when you want.
Ally offers 5.0 APY no minimum no obligation Cds you can take your money when you need it without penalty.
https://www.ally.com/bank/high-yi...lsrc=aw.ds
https://www.ally.com/bank/no-penalty-cd/
UFB has a savings account at 5.02 and I presented a few different options in my comment not just one, but its your money do whatever you want.
https://www.ally.com/bank/no-penalty-cd/
The statement "Ally offers 5.0 APY no minimum no obligation Cds you can take your money when you need it without penalty" is not correct. That's all I was pointing out. No biggie.
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This was from 43 days ago. I'm not sure why SD hasn't taken it down.
https://www.cit.com/cit-bank/bank/savings
https://www.cit.com/cit-bank/bank/savings
The 11 month CD at 4.90 is better. You can break it without a fee and you're guaranteed the higher rate longer.
CIT has a tendency of creating new savings accounts under new names and leaving older account types with next to nothing for interest. They do it all the time. You won't get any notification of it happening either.
Or if you prefer, 5% APY CD for 1-year term: https://www.secure.citi
https://www.schwab.com/money-market-funds
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https://www.schwab.com/money-market-funds