1. Sunday, June 2, 2013 - 7:21 PM
Ok, maybe I am off, but why would I stuck my $1K for three months for a low 0.6% rate?
1,410 posts since
Jan 16, 2010
Rep Points: 6,091
2. Monday, June 3, 2013 - 6:32 AM
I believe the minimum is $1K to open; it does not say what the maximum is. Check around to who is paying better than .6% at any other instution. Service Credit Union is paying more than institutions running 6 or 9 month deals that I have an account with. Would rather park it there for 3 months than in some low paying share savings account in hopes someone will run a promotion/special deal. with a higher rate offer.
10 posts since
Apr 14, 2012
Rep Points: 42