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Frequently Asked Questions
Latest Questions
Banks That Do Medallion Stamp?
Late to the I bond party, I haven't been able to get a Medallion Stamp to verify my account. Tried Wells Fargo, Chase, Union Bank with no luck. Can't use Bank of America either.&nb... read more
Why Are Treasury Yields Sinhking
The markets starting to price in a recession and I guess that's why but it's very bothersome when I had been expecting yeilds for 5 year cds to start shooting up. Now is raises a q... read more
Switch From Savings To No-Penalty CD?
1. CIT Bank recently raised their Savings Connect rate to 1.35%, and their no-penalty CD to 1.4%. With rates expected to continue rising, is there any benefit, other than the addit... read more
What Is Your CD Strategy For Rising Rates
Just curious how long to wait before starting to purchase CDs? Have a substantial amount to invest. What are your thoughts?... read more
Best Bank To Work As A Hub Account
Moving money from one bank to another very quickly is the requirement.
All suggestions welcome. Thanks... read more
Bond Question:
Anyone have experience on the likelihood of secondary cd bonds being called?... read more
Flex Index CD
https://www.merchantsbankofindiana.com/
Looking for opinions on Flex Index CD offer from this bank
Flex Index CD
Finally, a certificate of deposit that keeps pace with a changing ... read more
IRA Cds: Any Place That Allows BOTH Yearly Add-Ons AND Allows Penalty-Free Partial Withdrawals?
If you have an IRA CD, most places will waive the EWP if taking a MANDATORY RMD on a TRADITIONAL IRA CD. However, most will NOT waive the EWP on a Roth IRA (since a Roth doesn't re... read more
CD Rate Connexus Decreased
I have a CD At Connexus 3. 5% for five years Comes due in 2024 . Question do I need to be concerned because they are lowering their rates when everybody else is raising them
Chas... read more
LOWEST CURRENCY CONVERSION CHARGED DURING SWIFT WIRE TRANSFER
IN THE PAST I HAVE DONE CURRENCY CONVERSION FROM GBP TO USD. BANK OF AMERICA CHARGES A REDICULIOUSLY HIGH RATE OF 3%. THE SAME GOES FOR BANK DRAFT CONVERSION CHARGES.
I AM LOOKING... read more