Switced banks for higher interest rate- did I make a mistake?
Thread created 06-17-2024 by danicole
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One account has an unfriendly rate and the other has unfriendly holding :annoyed: But since the APY is 30% more you will come out ahead unless the money is held for months, just less ahead :mad2:
Switced banks for higher interest rate- did I make a mistake?
Thread created 06-17-2024 by danicole
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3 Replies
1,799 Views
How did you transfer the funds, was it a wire transfer or a check for 75K.
Switced banks for higher interest rate- did I make a mistake?
Thread created 06-17-2024 by danicole
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3 Replies
1,799 Views
Can't speak to the bank, but since T-bills are yielding 5.3%+ and are state and local tax free and since many online banks offer short term CD rates at 5+%, I would not have dealt with them.
My 2...
Switced banks for higher interest rate- did I make a mistake?
Thread created 06-17-2024 by danicole
0 Score
3 Replies
1,799 Views
I recently transferred my money from Captial One Performance Savings (currently at 4.25%, interest posted monthly) to Huntington Relationship Savings (5.50%, 5.61% APY, interest posted quarterly)....
