Bank CD Special – 15-month – 2.90% APY | 1-year – 4.00% APY

February 26, 2009 on 9:07 am | In Bank CD Rates | 2 Comments

[Update 3/6/09: The 4% rate is no longer available.]

Here is a Freebie (almost) for you. There is a catch. Nothing is really free, we all know that. So I figured we could have some fun. I’ll give up the bank info for some link or social love.

The CD Rate Special is 2.90% APY for 15-months. They require you to open up a checking account, but there are no service fees and you can put $20 in it. The minimum deposit for the CD is $500.

We also have a 1Y at 4.00% APY, but it requires $100,000, $500 in a checking account, and $1000 initial deposit into a savings account. These are both with FDIC insured banks.

Most of a site’s standings in the web revolve around backlinks. Standings equals traffic to the site. Traffic equals revenue. There are also social sites such as Digg, StumbleUpon, Reddit, etc. that can be a good source of referrals.

The best backlink is a contextual link such as cd rates. That tells the various search engines that the site jumbocdinvestments[dot]com is about cd rates. The more of those, the better our standings.

So here is the deal. If you provide a backlink or a posting to a social site, I’ll give you the bank names and details for free. Please use our contact form when completed and provide me the source of the link.

Here are some suggestions.
For http://www.jumbocdinvestments.com: best cd rates, cd rates, cd rates best, cd interest rates, bank cd rates.

For http://www.jumbocdinvestments.com/iracdrates.htm: ira cd rates, best ira rates, ira rates

For http://www.jumbocdinvestments.com/rates.htm: certificate of deposit rates

By the way, if CD Rates aren’t your thing I found a site with some good basic tips for best money market rates.

If you are unsure of how to do this, send me a note, and I’ll provide you instructions. You can also send an email to chris at jumbocdinvestments[dot]com. Of course substitute “@” for at and “.” for [dot]. Put “Link Love” in the subject line.

Have a great day.

You can also leave a comment. I’ll have your email address from there.
cd :O)

Tags: CD Specials

Discover Bank New CD Promotion

February 12, 2009 on 12:15 pm | In Bank CD Rates, Today's Best Rate | No Comments

Discover Bank has decided to offer you some free money for opening a new CD. Their yields are pretty good and an extra $50 just makes it that much better. Below are the details. Check them out.

Discover Bank CD Promotion

Current CD Rates are: 1Y at 2.75% APY, 2Y at 3.00% APY, 3.25% APY, 5Y at 3.70% APY. With a $10,000 deposit that increases your yield about 0.50%. Not bad.

Discover Bank $50 promotion
Discover Bank is offering $50 for opening a new CD account online. Between now and February 28, 2009, open a new CD account at DiscoverBank.com with a minimum of $10,000 and Discover Bank will credit your account with $50.

You must enter Offer Code D100818 on the online form in order to qualify (the above link will automatically fill it in for you). You are welcome to share this code with friends but they’ll need to either come to this site and click the link or enter the offer code on the application form in order to get the free $50.

The offer is good through February 28, 2009. To earn the cash offer, a minimum deposit of $10,000 in new funds must be received by March 15, 2009 and those funds must remain on deposit for at least 90 days. The cash offer will be credited to your Discover Bank account 4 to 6 weeks after the 90-day period. Offer limited to one per customer and not applicable for accounts opened via phone or mail.

Discover Bank CD Promotion

Always check the fine print when looking at bank rates. There are a lot of good bank deals for savings, checking, and CD rates, but you must be sure to always read the fine print when signing up for accounts.

Drop me a note if you decided to partake.
cd :O)

Tags: CD Promotion, Discover Bank CD Rates, Special CD Rate

What in the World is Going on

February 4, 2009 on 2:08 pm | In Economy | No Comments

It has been very busy around here. I’m sorry that I haven’t posted in a while.

Big question. I wish I had big answers. Fed funds will most likely remain at the current level (0.00 to 0.25%) for the remainder of the year. CDs will probably continue to slide to levels around 1.5% to 2.00% for 1Y and 3.25% to 3.50% on longer-term CDs. Those are the levels we saw back in the lows of 2003 when Fed funds were at 1.00%.

Assuming the economy is beginning to make some recovery in 2010, the Fed could start to raise rates in early 2010 to Mid 2010. They tend to raise rates slower than they brought them down, so rates will probably remain relativley low through 2010.

The unknown is how much all of the bail-outs will affect higher inflation fears. Certainly, it would seem that at some point, the Piper is going to have to be paid. However, the Fed will be very leary of rates getting out of hand.

Housing probably won’t get much better this year. There are a lot loans that re-setting this year. Even though re-fi rates are down, many people still can’t re-fi because of the value of the home is way below what they purchased at. This will still leave many homeowners unable to pay their mortgages and more foreclosures. And of course, many more people have lost their jobs this year. 2010 will remain tough for housing.

The Gov’t is planning massive “bail-outs” that don’t amount to much more than pork heaven. I urge you to contact your representatives and tell them to take the pork out or be thrown out of office. This is just crazy.

I thought I would leave you with some positive thoughts.

The world bursts at the seams with people ready to tell you you’re not good enough. On occassion, some may be correct. But do not do their work for them. Seek any job: ask anyone out; pursue any goal. Don’t take it personally when they say “no” – they may not be smart enough to say “yes.” — Keith Olbermann (Broadcast journalist and host of MSNBC’s Countdown with Keith)

cd :O)

P.S. Here is a site with more best cd rates.

Tags: bail-outs, cd rates, fed funds