Moving my money, again…

by hedy on October 30, 2010

I’d noticed that interest rates had gone up since I opened my money market account, so I decided to check out Bankrate to see if there was anything better.  The Jerry Stiller ads on TV every 5 seconds also pushed me to research.  I noticed that Ally bank, who is also on TV every five seconds, had great raes.  I like their concept of the penalty-free CD.  In my research,I learned that Ally bank was formerly known as GMAC Bank.  However, it is FDIC insured and has a good rate, so I opened a savings account and a penalty-free CD.  This does mean that I have left the move your money movement, but I’m making more on interest.

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