I have an Andrews 9 month 2.75% CD maturing soon. I also have an 8 month but they limit them to one special CD per person.
A rep said that when one ended, I could open another but I can only have one each at a time. I could do that the same day it matures so no interest lost in transit.
Ally has the 15 month at 2.80%. Its not a great deal either but It would not require opening another account.
There are a handful of banks & credit unions offering around 3% for 18 months but I'm not sure I want to use up what might be a chexsystems inquiry over what I consider a mediocre rate.
I do not qualify for Navy Federal or an of the current good deals. I am not interested in a CD lasting 4-5 years at current rates.
I am leaning toward another Andrews 9 month for simplicity.
And I am considering opening an Orien RCA which has a 25-30k limit at 4% but that is only a fraction of my maturing CD value and it may involve a chexsystems inquiry.
Why are the chexsystems inquiries a concern? Because I opened a lot of new accounts in the last year or so and I would hate to be rejected at a FI that has a very good deal because of a past mediocre deal.