Ive never been good with percentages(at least small percentages) or trying to figure out monies to be made on a CD
$10,000 required opening balance on a 3-month CD
APY: 0.01%
Interest Rate: 0.01%
Portfolio Relationship APY: 0.01%
Portfolio Relationship Interest Rate: 0.01%
Help me understand someone.....
To all my mathematical truckers....Certificate of Deposit talk.
Discussion in 'Trucker Taxes and Truck Financing' started by nikmirbre, Dec 18, 2021.
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You'll earn a dime. I've heard positive things about Charles Schwab.
Dave_in_AZ Thanks this. -
I could very well be wrong because I am far from an expert on banking interest etc, but in my opinion. $10,000 X .01% = $100 per year.
Pamela1990 and nikmirbre Thank this. -
You can get higher interest rates on a passbook account. Is there some reason you want the bank to make more off of your money then you do?
Aamcotrans, Pamela1990 and nikmirbre Thank this. -
feldsforever Thanks this.
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RockinChair, Studebaker Hawk and nikmirbre Thank this.
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Passbook is .95 so better than WF. But there are other options that pay better.
gentleroger and nikmirbre Thank this. -
Flat Earth Trucker Thanks this.
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