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Originally Posted by Aleta
It's good that they are doing this because they are competing against other savings accounts and they will have to try to compete with this bank. It's still a good deal though. The rate will go back to the 5.05 after April . At that time you only have to leave $1. though. What I watch for is if the bank has dormant fees and it's a good idea to do some kind of transaction so often to keep it active.
You can't get 6% for a year CD right now.
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That's why two heads are better than one
You're right, technically it's a 3month CD.
