g****g
发帖数: 1828 | 1 For some reason, I thought CD was higher.
Orange Savings Account
Annual Percentage Yield (APY) Effective Since
1.00% 02/23/2011
Electric Orange Checking
Balance APY Effective Since
$0 - $49,999.99 0.25% 02/23/2011
$50,000.00 - $99,999.99 1.10% 02/23/2011
$100,000.00 or more 1.15% 02/23/2011
Orange CDs
Term APY Effective Since
6 Month 0.75% 02/23/2011
9 Month 0.75% 02/23/2011
12 Month 0.75% 02/23/2011
18 Month 0.75% 02/23/2011
24 Month 1.00% 02/23/2011
30 Month 1.25% 02/23/2011
36 Month 1.25% 02/23/2011
48 Month 1.25% 02/23/2011
60 Month 1.25% 02/23/2011 | y****i
发帖数: 17878 | 2 because CD rates are fixed, but savings rates subject to change
【在 g****g 的大作中提到】
: For some reason, I thought CD was higher.
: Orange Savings Account
: Annual Percentage Yield (APY) Effective Since
: 1.00% 02/23/2011
: Electric Orange Checking
: Balance APY Effective Since
: $0 - $49,999.99 0.25% 02/23/2011
: $50,000.00 - $99,999.99 1.10% 02/23/2011
: $100,000.00 or more 1.15% 02/23/2011
: Orange CDs
| g****g
发帖数: 1828 | 3 i see. my savings rate dropped substantially :(
【在 y****i 的大作中提到】
: because CD rates are fixed, but savings rates subject to change
| l*****8
发帖数: 534 | 4 No. For low liquidity of CD, the customer should have the higher return.
In case, the expected future interest rates are lower.
because CD rates are fixed, but savings rates subject to change
because CD rates are fixed, but savings rates subject to change
★ Sent from iPhone App: iReader Mitbbs 6.81 - iPhone Lite
【在 y****i 的大作中提到】
: because CD rates are fixed, but savings rates subject to change
| y****i
发帖数: 17878 | 5 for longer term CDs that might be the case - you get higher rates because of
the loss of liquidity.
but for short term CDs, it is quite normal to see the rates are lower than
savings due to the expectation of future rate drops
【在 l*****8 的大作中提到】
: No. For low liquidity of CD, the customer should have the higher return.
: In case, the expected future interest rates are lower.
:
: because CD rates are fixed, but savings rates subject to change
: because CD rates are fixed, but savings rates subject to change
: ★ Sent from iPhone App: iReader Mitbbs 6.81 - iPhone Lite
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