Best CD Rates » cd investing

Ally Renewal CD Rates

Douglas — Wed, 20 Jan 2010 10:54:19 +0000

You may want to negotiate your Ally renewal CD rates at a branch near you, if your CD is about to reach maturity. They may offer you a renewal bonus. So far, Ally Bank is the only bank that may be offering a good renewal bonus that is more than anybody else.

You will need to assess your option when a CD is maturing. In general, it is always a good practice to contact your bank before your CD matures to see if they can offer you a better rate for the renewal. You need to decide if you will continue with your current bank or move on to a better rate from another.

If you renew your CD with Ally Bank, you may receive a 0.50% loyalty bonus over their current posted rate, depending on the CD’s maturity date and if your CD is qualified for the bonus. As an example, if your 12 month CD matures today, you would get a rate of 1.74% APY. With the Loyalty or Renewal Bonus of 0.50% added on to that, it will bring your CD rate to 2.24% APY which makes it a good CD renewal rate in today’s market. For some customers, they were told that they could even add money to the rollover CD and still receive the 0.50% bonus. Others could also change the matured CD to a new term or the 9 month No Penalty CD and also receive the loyalty bonus. The renewal bonus was supposed to have ended 1/10/2010 but has been resurrected until the end of January 2010. Unfortunately, it is again not advertised in their website for some reason.

Contact an Ally Bank CSR nearest you if your CD is about to mature and check about the possibility of getting this loyalty bonus for you and their current CD rates. To get the best Ally renewal CD rates, customers actually have to actively ASK for the loyalty bonus.

Wachovia CD Rates Update

Douglas — Mon, 18 Jan 2010 10:36:53 +0000

The Wachovia CD rates update for this period remains pretty much the same as last week. So far, no new or higher rates have been on the offer from Wachovia. But for those who do not wish to toggle between pages, here’s a look at the current rates on their website.

Wachovia still has the featured CDs in some areas that they are currently in promo. The minimum opening deposit amount still remains $5000. At this time, the 23 month CD has an interest rate of 1.14% with an APY of 1.15%. The 30 month CD has an interest rate of 1.73% with an APY of 1.75%. The 37 month CD has an interest rate of 2.13% with an APY of 2.15%. So if you feel these are the rates for you, take advantage of these promotional CD rates because these promo rates may not last long.

Wachovia’s rates on their standard fixed rate CDs also remain the same. The interest rates and APYs are the same per term regardless of the balance tier whether $1000 to $100,000. The 3 month CD has an interest rate of 0.01% with an APY of 0.01%. The 6 month CD has an interest rate of 0.25% with an APY of 0.25%. The 9 month CD has an interest rate of 0.35% with an APY of 0.35%. The 12 month CD has an interest rate of 0.40% with an APY of 0.40%. The 18 month CD has an interest rate of 0.60% with an APY of 0.60%. The 24 month CD has an interest rate of 0.70% with an APY of 0.70%.

These rates were posted on 1/17/10 and were still accurate as of 1/18/2010. For more details on Wachovia CD rates update in your area, visit their website.

Citibank CD Rates

nittany — Fri, 31 Oct 2008 12:46:38 +0000

With the Citibank Wachovia acquisition in the news lately, we decided to explore the citibank cd rates. Citibank is one of the largest banks in the United States and many millions of Americans are already Citibank account holders. As such, many of you readers might already be buying Citibank CD’s.

Citibank 6 Month CD

As we reviewed the Citibank CD rates, the Citibank 6 month CD jumped out at me as one of the best 6 month CD rates I have seen. This 6 month CD currently has a CD interest rate of 3.92% with a high CD APY of 4.00%. This is one of the best cd rates for a 6 month CD.

Citibank Minimum Deposit

The Citibank minimum deposit is a very low $500. We love these bank CD’s with low minimum deposits to start investing in CDs. CD investing is a great way to begin building up your savings and the Citibank minimum deposit requirement is low enough that any one can start buying CD’s.

Citibank CD Rates

The other citibank cd rates vary from a 3 month CD with a 2.20% APY to a 60 month cd with a 4.00% APY. While we cannot predict whether CD interest rates will rise or fall, we believe that the best Citibank CD is the Citibank 6 month CD.

Citibank CD’s are FDIC insured up to $100,000 so in today’s troubled financial times a CD investing can be a great way to protect your money. We hope that this article on Citibank CD rates has been information. Go check out the 6 month Citibank CD.

High Online CD Rates

nittany — Thu, 16 Oct 2008 11:27:02 +0000

As the stock market is gyrating up and down, more and more people are looking for high online CD rates to put their savings in. Being able to find a safe place to deposit your money and earn 5% is one of the best things about finding high interest CDs.

Unfortunately, too many people don’t realize that they can get 5% interest rates by investing in CDs. Most people remember walking into their local bank and being disappointed in the CD rates being offered by these local banks. However, now that we have the Internet, it is extremely easy to find high online CD rates to invest in.

Sites like Best CD Rates Today can be found all over the Internet. By reading this site and others you can always be buying the highest interest CDs. So, if you haven’t done so already please subscribe to our RSS feed and we will help you to always find high online CD rates.

Citibank 6 Month CD Rates

nittany — Tue, 07 Oct 2008 21:23:35 +0000

In our previous article on Citibank CD rates, we discussed the Citibank 6 month CD rates. However, we wanted to focus a little more one these Citibank 6 month CDs. Citibank is one of the largest banks and CD investing is so easy when you are dealing with such a large bank.

Many people discuss the advantage of opening high interest savings accounts. In fact, most personal finance sites are filled with information about savings money with an ING Direct Orange savings account or an HSBC savings account. But, these personal finance blogs neglect the advantages on CD investing.

The current cd rates of 4.00% APY on the Citibank 6 month cd rates are a great alternative to opening a high interest savings account. Instead of earning 3.00% APY with an ING Direct Orange savings account, purchasing a citibank certificate of deposit will allow you to earn 4.00%. This is a 25% increase in your return on investment.

The main advantage of saving your money in a high yield savings account is that you can withdrawl this money very quickly. However, for a 25% increase in your ROI, CD investing may be a better option. If you can afford to not withdrawl your money for 6 months, then look into the Citibank 6 month cd rates. You will be happy with your return.