I rolled a cd last week. From a 4.5% one (that expired darn it) to a 2+ percent one.
I signed up for the 60 month non-promotion rate – after asking about what I’d lose for early withdrawal. I do not *plan* on needing the money in the near term – this is my emergency fund (you know, in case I get laid off, etc.) If I need to cash it out and it’s been less than a year, I forfeit 90 days of interest. If I need to cash it out and it’s been more than a year – I forfeit 180 days of interest.
