Geez. Why is their rate so high? It seems like they could offer a rate way lower and still be attracting people like crazy.
Well, I seem to be the only fish on the hook here on this forum so go figure. I'll admit to my human frailty and admit 3% APR seems way more than 2.99%. That "3" handle sets the hook. I can't help but think that anything less and I might have waited as interest rates "certainly appear" to be on the way up. A higher penalty may have put me off too.
I don't advertise my moves (or talk my own book)... maybe I should start. Anyway, the highest tier CD's are all coming up to ~2.50% APY on the 5 year products, so, 3% on a 7 year is not too "crazy"... It's actually pretty smart of them to lead, now, rather than later...
I'm still considering AFCU, but I did do the 1.5% liquid checking and already got the welcome kit/card and am now filling it up via ACH - that'll replace a 1.11% apy acct that I had somewhere else, so, I'll make a little under a grand a year for doing a pretty easy switch...
On talking my own book, I bought these two super-exciting penny stocks today: IXP and XLV
I am truly living on the edge. I put about half-a-shot of Bailey's into two coffees earlier, today, too. (REG FD: I own shares in Diageo.)