For today, we have rounded up some articles from around the net that can help you Maximize Your Interest Rates. Here are some summaries:
CD Investment Alternative -- Peer-to-Peer lending: In the traditional banking system, banks "buy" your money for the rate they pay you on your checking, savings, and CD deposits (currently somewhere between 1-5%). They then "sell" your money as loans to borrowers at the going market rate for loans. The bank then takes the difference to cover its costs of operation and keeps the remainder as its profit.
In peer to peer lending, the Lender and Borrower cut out the bank as the middleman. This gives the borrower a chance at a lower interest rate on their loan as Lenders compete with each other to make loans to borrowers...
Did you know that IRAs can hold CDs (Certificates of Deposit): There are free sources of rates such as Bankrate.com and fee based services such as ours that call banks and credit unions looking for high rates. You can also search the internet using one of the three main search engines such as Google, Bing, or Yahoo. Each of them has a search bar where you can type certain key words such as "best ira cd rates" or "best ira certificate of deposit rates". ..
Go here to view these articles and more High Bank CD Interest Rate Information.
Also check out our new sister site, Jumbo CD Investments[dot]Net.
Wednesday, November 3, 2010
Friday, June 18, 2010
CD Interest Rates Around the Web
You may not be aware that I actually publish CD Interest Rates articles in quite a few places. So here is a few of those. Of course, before I do, I thought I might leave you a little certificate of deposit goody bag.
What's cool about this blog is I can give you as much info as I want. On many of the places I write, I can't provide contact details. So be nice and leave a little comment below or even link to this blog or post.
First Federal Bank of the Midwest in Defiance, OH. Contact# is (419) 782-5015. Bank is a 4-star bank. They have a little over $2 Billion in assets and had a $1.7MM profit for the first quarter. The bank has been offering a 37-month special for 2.72% APR / 2.75% APY. Give them a shout.
Now for a few of my other articles. Many of those articles provide high interest CD Rates, but they may only be available in certain areas. Still, there are some gems there.
Top CD Rates
High Interest Certificate of Deposit
Florida CD Rates
Have an awesome day.
cd :O)
What's cool about this blog is I can give you as much info as I want. On many of the places I write, I can't provide contact details. So be nice and leave a little comment below or even link to this blog or post.
First Federal Bank of the Midwest in Defiance, OH. Contact# is (419) 782-5015. Bank is a 4-star bank. They have a little over $2 Billion in assets and had a $1.7MM profit for the first quarter. The bank has been offering a 37-month special for 2.72% APR / 2.75% APY. Give them a shout.
Now for a few of my other articles. Many of those articles provide high interest CD Rates, but they may only be available in certain areas. Still, there are some gems there.
Top CD Rates
High Interest Certificate of Deposit
Florida CD Rates
Have an awesome day.
cd :O)
Tuesday, May 25, 2010
CD Rates Blog Posts
Here is some updated Blog Posts:
We have added a new section to the main part of our site. I may end up moving it to the blog, but for now, the blog will host Bank and Credit Union Reviews. We are splitting the rates out by state, our first CA CD Rates is completed.
Ally Bank is been out there with internet ads all over the place. People either love them or hate them. The love crowd probably doesn't realize they use to be called GMAC Bank and that is the history they are trying to distance themselves from. They also advertise to have no small print, but I've read in some forums where people have been surprised by changes in rates after they thought they were locked in. One nice feature is their 60-Day penalty. This makes the 5-year play very attractive. The 1-year is in range with other banks at 1.50% and the 5-year is 2.99%. I guess they just couldn't afford 3.00%. They have a 3-star Bauer rating.
Discover Bank has been around the internet for quite some time. Actually, I've found them to be a good bank to work with. But, always appreciate hearing other's experiences. They do have competitive rates and a snazzy graph to show how much you'll earn with them over the national averages. Frankly, I don't like just squeaking by average. Anyway, their 1-year CD is 1.50% (whose isn't these days?!?), they have an 18-month at 1.70%, a 2-year at 2.00%, and a 5Y at 3.00%. They have a 4-star rating from Bauer.
Great CD Rates
We have added a new section to the main part of our site. I may end up moving it to the blog, but for now, the blog will host Bank and Credit Union Reviews. We are splitting the rates out by state, our first CA CD Rates is completed.
Ally Bank is been out there with internet ads all over the place. People either love them or hate them. The love crowd probably doesn't realize they use to be called GMAC Bank and that is the history they are trying to distance themselves from. They also advertise to have no small print, but I've read in some forums where people have been surprised by changes in rates after they thought they were locked in. One nice feature is their 60-Day penalty. This makes the 5-year play very attractive. The 1-year is in range with other banks at 1.50% and the 5-year is 2.99%. I guess they just couldn't afford 3.00%. They have a 3-star Bauer rating.
Discover Bank has been around the internet for quite some time. Actually, I've found them to be a good bank to work with. But, always appreciate hearing other's experiences. They do have competitive rates and a snazzy graph to show how much you'll earn with them over the national averages. Frankly, I don't like just squeaking by average. Anyway, their 1-year CD is 1.50% (whose isn't these days?!?), they have an 18-month at 1.70%, a 2-year at 2.00%, and a 5Y at 3.00%. They have a 4-star rating from Bauer.
Great CD Rates
Subscribe to:
Posts (Atom)
