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Old 04-11-2006, 10:06 AM
sweeps sweeps is offline
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Default Re: GMAC increases their rates by 0.05

Quote:
Originally Posted by gavinmccallister
In order to earn the APY do you need to keep the interest in the CD
Yes.
Quote:
Originally Posted by gavinmccalister
would it be best to have the interest deposited directly into a savings account?
No. Unless of course the savings account pays a higher interest rate than the CD.
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