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CD rate

CrashCrash
in Other Investing
...Just noticed that the 3.5% offering from Navy which was there for so long is down to 3%. And the AMOUNT you can invest at that rate is severely limited, as was pointed out on an older thread here. Seems to me you'd have to have EVERY other conceivable base covered, in order to decide to put money there.

Comments

  • carew388carew388
    $3,000 max so $90 in interest ! I even have an account there, and that's not worth it to me(requires direct deposit and checking account)!
  • CrashCrash
    Me too. I hit the branch in the next town pretty often. They're good to me.
  • Sven
    So that was the catch. $3k is too small to keep track of. They are try to hook you to invest your $ there.
  • Old_JoeOld_Joe
    Not only is there no free lunch, but sometimes there's no lunch at all.
  • Sven
    One has to be careful with those bait-and-switch tactics. CDs barely pay much these days.
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