3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Team I-Bonds here
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
*******"Closing the account early is permitted without penalty. Earnings may be affected by early withdrawal. Partial withdrawals of funds are not permitted
translation is you cannot access the...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
just get inflation bonds 9-10%
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Max $10k per person, penalty for withdrawal, not allowed to touch for 1 year. No limit here, 30 day cooling off period.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Even with 50 basis points bump, its nothing to be overly excited about when inflation rate is about 9%. At this point, you're still losing about 5-6% buying power.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Our local Edward Jones is offering 4.00% for one year CDs. I guess it's a brokerage. What's the downside?
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Go to fidelity to access 1 year CDs currently offering 4.1%
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
The rates are annual, so for 3 months you don't get a rate of 3.37%, but only 3.37/4 = 0.84%.
In that case you can just open an AMEX HYSA which has annual rate of over 2%
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
https://www.bloomberg.com/markets/rates-bonds/government-bonds/us
people need to shut up about the CDs they suck
buy CDs only if they can beat 1 -2 yr treasury bills at the bare min
this deal...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Elements offfers 4% but only up to 20k
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
The difference is you're not locking in. It's no penalty to break it. When a better rate is available, you move the money.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
This means that if you close your account you won't get the full interest of 3.3 APY. It would be prorated. If you break the account, you will get paid out as interest is compounded daily and they...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Link to better rate?
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Where and how to buy T-Bills ? Can it be done through fidelity ?
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Here’s what you can get- 3 mo-3.3%, 6mo-3.85%, 9mo- 4.0%, 12mo- 4.1%, 18mo- 4.2%
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Yes, you can buy them thru most brokerages.
I prefer Treasury Direct as mentioned earlier. No fees. Set up account one time.
Funds withdrawn from your designated source, such as a checking...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Thus it would be a good time to close this CD and get the one you speak of when it is offered. This CD is mentioned because it is a no penalty version and allows you take advantage of a rising...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
despite those restrictions, there's huge difference between this CD and the bond
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Good point, but it's unlikely rates are going down anytime soon. I won't be surprised if we see 4+% rates over the next few months.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Not that good of a rate
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
agree with this.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Post something better?
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
This is just getting back some rebate on inflation. The value of the money will be still worth less than initial deposit in 14 months.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Yeah, I got a deal earlier this week, 25 month CD was 4.3% could’ve chosen the 24 month CD at 4.4, but it’s callable.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
First max out i-bonds per person then look into other secured gains
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
@Fidelity seems mins buys run about 100 (=$100k), sux big-time.
@TreasuryDirect: I see the 4-wk bills but only the Auction date / Issue date. WTF is the yield? Is it not there bc all are in the...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
For savvy investor out there, would buying sp500 index better for long term hold than this or even treasury fund?
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
You can buy it from TD same place where you buy iBond
https://tipswatch.com/2022/07/04/looking-to-put-cash-to-work-consider-short-term-treasury-bills/...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Savebetter.com has a No penalty CD @ 3.30% APR. You can break this CD anytime after 30 days. With Fed Reserve increasing rates, CDs in the near future will pay better. So lock in 3.3% for now; if you...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
https://www.treasurydirect.gov/marketable-securities/buying-a-marketable-security/
depending on what you're looking for - non-competitive bid, you can buy directly,
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
1 or 2 year treasuries. 4.25% APY
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Post something better. Challenge accepted. here is what's available:
Check out this. https://ibb.co/8XvPfxH
All of those are 12 month terms and MUCH higher rate. The rate offered in this...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
So in other words T Bills are the only actual higher option. The others have balance limits or aren't no penalty.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
The problem is you are talking about a huge hassle to chase a 3.30% yield for literally a month and a half (until Feds raise rates again). As mentioned, the next 2 interest rate raises should...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Please show me a no penalty CD that has a higher APY. Remember, no penalty means you can withdraw any time after 30 days.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Savebetter sucks.
Go put this money on a short-term bond instead. 3.6% or T-Bills.
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Another thread full of people recommending iBond and Tbill. Damn~
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
Just buy treasuries on vanguard for no fee and at better rates. I have been buying up 3-6 month treasuries with yields between 3.4-3.8%. You can get higher if longer dated. Also treasuries are more...
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
What's the minimum and maximum to open account ?
3.30% APY No Penalty 14 month CD (Certificate of Deposit) Sallie Mae Bank
Thread created 10-05-2022 by fgitsin
+27 Score
67 Replies
18,144 Views
thanks, great info
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