Home › Forums › Financial Markets/Economics › Online CD’s?
- This topic has 48 replies, 10 voices, and was last updated 16 years, 6 months ago by JWM in SD.
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November 6, 2007 at 10:25 PM #96518November 6, 2007 at 10:25 PM #96580JWM in SDParticipant
“As far as Everbank, someone else on here had a bad experience with them. JWM, have you had any issues with them?”
Only that they were slow to get the accounts opened and sometimes a little surly on the phone…but that was also right before the .50 bps cut by Bernanke. Their exchange rate is a bit high, but it still beats leaving the bulk in USD. I haven’t seen an actual hit of 1% though..it was south of .8%.
As far as taxes go, I don’t care. The money I put there for emergency use and also for regular banking activities like bill pay. If the money is sitting in a non-taxable account then I most likely couldn’t touch it without incurring worse penalties anyway.
November 6, 2007 at 10:25 PM #96587JWM in SDParticipant“As far as Everbank, someone else on here had a bad experience with them. JWM, have you had any issues with them?”
Only that they were slow to get the accounts opened and sometimes a little surly on the phone…but that was also right before the .50 bps cut by Bernanke. Their exchange rate is a bit high, but it still beats leaving the bulk in USD. I haven’t seen an actual hit of 1% though..it was south of .8%.
As far as taxes go, I don’t care. The money I put there for emergency use and also for regular banking activities like bill pay. If the money is sitting in a non-taxable account then I most likely couldn’t touch it without incurring worse penalties anyway.
November 6, 2007 at 10:25 PM #96597JWM in SDParticipant“As far as Everbank, someone else on here had a bad experience with them. JWM, have you had any issues with them?”
Only that they were slow to get the accounts opened and sometimes a little surly on the phone…but that was also right before the .50 bps cut by Bernanke. Their exchange rate is a bit high, but it still beats leaving the bulk in USD. I haven’t seen an actual hit of 1% though..it was south of .8%.
As far as taxes go, I don’t care. The money I put there for emergency use and also for regular banking activities like bill pay. If the money is sitting in a non-taxable account then I most likely couldn’t touch it without incurring worse penalties anyway.
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