No. of Recommendations: 0
So to answer Loki's question about timing. I think that you could wait until 1/31 to call PenFed (even if you don't already have an account there!) and get your 6.25% CDs. The debit wouldn't post to your account until 2/1 or 2/2. The main limitation is the $10,000 limit that PenFed places on ACH transfers. This is not a limitation on ACH itself -- I noticed that Vanguard can take up to $100,000 by ACH.

Good luck!

Thanks, Ken.

I just mailed in a check (mostly 5-year, with a bit for 7 year) from accumulted money, and my maturing 1/29 CD plus some 1/15 TIPS money will be well less than $10,000, as will any money I may try to squeeze from 1/31 paycheck. I think I'll do one CD on 1/29, then try for another on 1/31. Of course, February rates may be posted by 1/29, and it the same, I'll just wait and not worry.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.