Advertising Disclosure
  1. Home
  2. Community
  3. Miscellaneous
  4. CD Maturing - Always ASK Before Moving

CD Maturing - Always ASK Before Moving

Anon456
  |     |   249 posts since 2011

This Arizona Bank did me a favor, so I am not going to mention names.

Point of this email is that my CD matured today. 24 months .... old rate was 1.5%. Got them to price match other national offers and they did 3% APY for 24 rather than to have the money leave. At least .5% better than their published rates.

NOT all credit unions or banks will get competitive to retain funds, but maybe 20% of them will ..... so ASK. May have to ask for the RETENTION department or a manager with override/discretion powers on rates. All they can do is say NO, but some will say YES.

  Post a comment
13


Ricochet
  |     |   522 posts since 2010
It was no small amount of change that they held on to.
Good Job !
Reply
4
RJM
  |     |   499 posts since 2011
Very surprising.
Reply
2


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.