No. of Recommendations: 2

Do any of these accept ACH transfer to open a CD? And do any of them not lose you several days interest?

I just finished trying out ETrade 6 month CD. Here are the ACH transaction details.

2/6/06 Etrade purchased $1000 6mo CD at 4.6% APR.
2/7/06 $1000 debited at my BofA account
8/7/06 Withdrawl matured CD $1023.42 (8/6/06 was a Sunday, so ETrade actually gave me 1 extra day interest at the latest rate 5.4%? for Monday 8/7/6)
8/8/06 $1023.42 credited at my BofA account

So I gained a day of interest on the front end, and lost one on the far end, so I guess it worked out even.

My only problem with ETrade was that the values they showed during the 6 month period were off by 3-7%, and customer service has refused to tell me why. I have written a letter a few weeks ago, with no response.

Final values look accurate though.

T-Bills are still looking good for Californians tax=9.3% so=> 5.63%APY for 182 day T-Bill on 8/31/06.

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