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Highest FDIC insured interest rate I've seen for a while

droptop
Capitol One bank was offering a one year CD paying 2.7% interest. Hadn't seen that high a rate for a while. Maybe money is still worth a little something.
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Comments

8 comments

Date Votes
  • SW0320
    Try checking out some State Tax Exempt funds. The one I am in has been yielding as high as 4% and no taxes.
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  • droptop
    SW0320 wrote:
    Try checking out some State Tax Exempt funds. The one I am in has been yielding as high as 4% and no taxes.

    Yes they are something to look into and I've owned some when I was in a higher tax bracket (working). My bracket is low and I'm retired so tax exempt isn't a deal maker. :)
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  • select-fire
    I recall the 16-17% CD's in the 80's. Locked them in for 5 yrs.
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  • wpageabc
    Cap one is paying 2.% on thier checking as well. Not too shabby.
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  • gruntled2
    Synchrony Bank (online) has one year CDs @ 2.8%. Altura Credit Union has 3.5% CDs for 50 months.
    I just put $3000 in a 5 month CD at California Coast Credit Union @ 9%. (That was the maximum amount & only time offered.)
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  • spasmcreek
    local bank here has CD rate of 2.77%...works for me and i can go to town and get my hands on em
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  • 4205raymond
    Navy Federal at 3.75% for 40 months.
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  • spasmcreek
    left out ...that 2.77% is on 12 month CD's... i won't go any longer .....and stagger maturity date thru the year
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