Update on March 2nd, 2018: CIT Bank has leapfrogged All America Bank’s Mega Money Market account by increasing the rate on their 11-Month, No-Penalty CD to 1.85%. As a no-penalty CD, it can be thought of as a liquid savings vehicle that requires more effort to withdraw funds. You can read more about CIT’s No-Penalty […]
Ally Bank previously had a 1.75% APY promotion for the top tier of its no-penalty CD which ended on January 2nd, at which time the rate returned to 1.6%, which was still better than CIT’s no-penalty CD rate of 1.55%, so long as you were investing at least $25K. Unfortunately, Ally has again lowered the […]
Just a quick reminder to holders of the popular personal or business version of the Costco Anywhere Visa® Card by Citi that, beginning January 25, 2018, these cards no longer charge a foreign transaction fee. Previously the fee was 3%. It’s always nice to have more options for cards with both no annual fee […]
Update: Since this was posted, the rate on CIT’s 11-Month, No-Penalty CD has been raised to 1.85% and the rate on the top tier of Ally’s 11-Month, No-Penalty CD has been lowered to 1.5%. So, as of March 22nd, 2018, CIT has a commanding lead in this product space. I recently wrote about how Ally […]
Savings rates have been moving up and CIT Bank’s Premier High Yield Savings Account is one of the nationally-available savings accounts that has been keeping pace with the leaders. On January 3rd, CIT raised the rate on their Premier High Yield Savings from 1.35% (for balances up to $250K; 1.3% above $250K) to 1.55% […]
Rates keep moving up and rate leaders keep changing. December brought another lead change for the best nationally-available savings account rate. At the time of writing the king is Colorado Federal Savings Bank with their Premium Savings account that earns 1.65% but requires a minimum deposit of $50,000. For deposit amounts under $50K, their High […]
Update: Since this was posted, the rate on CIT’s 11-Month, No-Penalty CD has been raised to 1.85% and the rate on the top tier of Ally’s 11-Month, No-Penalty CD has been lowered to 1.5%. So, as of March 2nd, 2018, CIT has a commanding lead in this product space. I just wrote about how […]
Update: Since this was posted, the rate on CIT’s 11-Month, No-Penalty CD has been raised to 1.85% and the rate on the top tier of Ally’s 11-Month, No-Penalty CD has been lowered to 1.5%. So, as of March 2nd, 2018, CIT has a commanding lead in this product space. Back in November, we reported […]
The new Uber Visa Card released today by Barclaycard strikes us as simultaneously ironic and compelling. It’s ironic that it’s named after Uber, but it’s standout categories do not include Uber; they are restaurants, airfare, hotels, and vacation home rentals. The card’s 2% earning rate on Uber spending, while higher than the card’s 1% base […]
In our house, Joel is the one who manages the detailed machinations behind maximizing our rewards points, miles, and cash back situation. He keeps tabs on when cards need to be canceled, how close we are to hitting an initial spend, and which one should be used for which types of purchases. This system has […]