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Negotiating Higher CD Rates - How Much Money Does It Take?

Sunday, September 19, 2010 - 9:52 PM
Any long-time CD investor will know that you can often negotiate higher CD rates than what banks post. It often requires a large deposit to get the best deals. It was mentioned in this Chicago Tribune article that "bankers get motivated when customers have $100,000, and $200,000 makes bankers jump through hoops."

The article also includes some useful resources for finding the best CD and reward checking rates.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708