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Melrose check came

March 4th, 2016 at 10:17 pm

My check for the certificate of deposit that matured, finally arrived today. I was getting worried about it. I also received interest of $1060.00 which will be added to the $20 challenge.
The c.d. was for 2.9% interest. I took the c.d. out 5 years ago, hoping I was not making a mistake by typing the money up that long. As it turned out, I have not found a higher interest rate in 5 years.
I need to put it back in a c.d., but would like to go for a shorter term, due to my age. I have been looking around, but the only good rate that I found at Navy Federal credit union has closed. I will just keep looking.

Prev. total $3409.00
today 1060.00
new total $4469.00

Posted in $20 Challenge | 5 Comments »

5 Responses to “Melrose check came”

  1. jokeabee Says:
    March 5th, 2016 at 01:18 am 1457140738
    1457140738

    I am glad the check arrived! I hope your lucky dime keeps working its magic!

  2. Ima saver Says:
    March 5th, 2016 at 04:00 pm 1457193609
    1457193609

    Thank you!

  3. PatientSaver Says:
    March 6th, 2016 at 08:09 pm 1457294992
    1457294992

    I have 2 5-yr CDs that are about halfway through the term and like you, i wondered it was i making a mistake or not by tying up the money that long, but so far, the 1.98% and 2.14% rates are the best I've seen. However, I would never recommend State Farm, where I have the CDs. Every single time I go to check my balance, which is something i look at monthly, their website is messed up and i can't access it.

  4. rob62521 Says:
    March 6th, 2016 at 08:26 pm 1457295981
    1457295981

    Happy to hear your check arrived. It is depressing how low cd rates are. I don't know what rate you found at the Navy Federal Credit union, but it pathetic around here. We finally went to our financial advisor who put our money in cds at banks elsewhere because none of our institutions pay anything locally. I am interested in what Patient Saver wrote because we wondered about State Farm...right now they are offering a 15 month CD at 2%.

  5. Keith Says:
    May 19th, 2016 at 04:52 am 1463629979
    1463629979

    Thinking of consolidating? We can help with loans, credit cards, student loans, lines of credit. We use SIMPLE INTEREST, we can LOWER your monthly payment, and DISCOUNT you total amount by consolidating with a private lender. I can show you some pretty neat ways on how to save big when your thinking on consolidating. Ask me how I can help you! kyaniteindustries@gmail.com Keith

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