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Linda1003
love my 2 boys
Member since 8/08 10923 total posts
Name:
Linda
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Question about CDs (not the music) :)
Im looking to open up a CD, ING has horrible rates right now. Does anyone have any suggestions of a CD that is ABOVE 2% at this time!! 
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Posted 2/24/09 9:01 AM  |
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Long Island Weddings
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ETAB
Mother Mary Pray for us
Member since 7/07 2052 total posts
Name:
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Re: Question about CDs (not the music) :)
i was looking and I could not find anything... the interest rates are horrible...
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| Posted 2/24/09 9:05 AM |
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Linda1003
love my 2 boys
Member since 8/08 10923 total posts
Name:
Linda
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Re: Question about CDs (not the music) :)
Posted by ETAB
i was looking and I could not find anything... the interest rates are horrible...
Uggg this stinks!!! I cashed in my mututal funds and have no idea what to do with the money!!!
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| Posted 2/24/09 9:20 AM |
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MikesCutie
May 26, 2007
Member since 12/07 1478 total posts
Name:
Marianne
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Re: Question about CDs (not the music) :)
What about looking into Treasury Bills?? I bought one when we were planning our wedding. I don't know what the interest rates are now but it works the same way as a CD.
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| Posted 2/24/09 10:25 AM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Question about CDs (not the music) :)
Posted by Linda1003
Im looking to open up a CD, ING has horrible rates right now. Does anyone have any suggestions of a CD that is ABOVE 2% at this time!!
There are definitely banks out there offering over 2%. Getting over 3% right now is the tricky part.
How long of a CD do you want? Give me the term length and I can give you some good rates. 
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| Posted 2/24/09 10:50 AM |
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maybeamommy
Blessed beyond belief
Member since 10/07 17048 total posts
Name:
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Re: Question about CDs (not the music) :)
Lin - we tried to do the same thing, but it ended up being easier for us to just open an accout with Citibank that was linked to the rest of our Citi accounts... a "high yield money market account"
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| Posted 2/24/09 10:57 AM |
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S00N2BEAMOM
LIF Toddler
Member since 12/07 390 total posts
Name:
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Re: Question about CDs (not the music) :)
We have a HSBC online savings acct. their current rate is 2.25%. You could do that instead and have full access to the $ at all times.
Message edited 2/24/2009 11:07:50 AM.
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| Posted 2/24/09 11:05 AM |
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Linda1003
love my 2 boys
Member since 8/08 10923 total posts
Name:
Linda
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Re: Question about CDs (not the music) :)
Posted by ave1024
Posted by Linda1003
Im looking to open up a CD, ING has horrible rates right now. Does anyone have any suggestions of a CD that is ABOVE 2% at this time!!
There are definitely banks out there offering over 2%. Getting over 3% right now is the tricky part.
How long of a CD do you want? Give me the term length and I can give you some good rates.
Not sure..less then 10 years. probably about 5 years.
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| Posted 2/24/09 11:10 AM |
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Linda1003
love my 2 boys
Member since 8/08 10923 total posts
Name:
Linda
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Re: Question about CDs (not the music) :)
Posted by maybeamommy
Lin - we tried to do the same thing, but it ended up being easier for us to just open an accout with Citibank that was linked to the rest of our Citi accounts... a "high yield money market account"
I'll look into that too!! We actually use citibank for our banking. 
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| Posted 2/24/09 11:11 AM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Question about CDs (not the music) :)
www.discoverbank.com currently offers some agressive CD rates for long term.
Of course rates can change at any time, but once you open a CD you are locked in at that posted rate.
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| Posted 2/24/09 11:22 AM |
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