Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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Personally, I think the lack of penalties on Ally’s 4.75% CD makes this a less than great deal, especially with the possibility of rates going up even higher.
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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I got the 15 mth CD from Navy fed when they had 5.25%.
That rate is gone now.
I'll watch and wait to see who offers the best rates after the next couple of fed. res. rate increases for this month...
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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what makes you say that?
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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they didn’t collapse from interest rates ..wtf
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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Two major bank collapses. SVB collapsed because they were so far underwater with rising interest rates. If they don't reverse course more banks will collapse soon.
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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Rates won't be going up now. They'll reverse course on that one real quick.
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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that bank was in a unique position..they funded startups with venture capitalists.. they’re not like a general bank
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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Yep, read up.
https://www.legaldive.com/news/svb-cro-Laura-Izurieta-chief-risk-officer-collapse-silicon-valley-bank-kim-olson/644830/
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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Barclays Bank is offering a 12 Month Certificate of Deposit at 5% APY with no minimum deposit.
About this deal:
No minimum opening balance or deposit required to open
Your deposits are insured...
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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You know about as much as anyone else about future interest rates. Nothing. For every article claiming lower, there is one claiming higher.
Barclays Bank: 12-Month CD 5% APY (No Minimum Deposit)
Thread created 03-10-2023 by qtguju817
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** this is NOT financial advice **
5% seems so measly to me - for every $1000, you earn $50... in 12 months. Perhaps the way to look at it is like a high-yield savings account (that you can't...