Have you invested in Ally CD ? The interest rate as high as 3.10 sounds interesting.
That’s their 5 year CD right? If you withdraw before 5 years they’ll charge a penalty of 150 days interest
I use ally savings for more flexibility with comparable interest
Yes, and Ally is one of the worst customers experiences I’ve ever had in banking. Slowly moving my money out including letting my CDs expire. Not worth the hassle.
Really? I’ve been with them for 7 years and it’s been great
Why not get rid of your mortgage instead of savings account?
In my case, my (fixed) mortgage is 2.75% which is partially tax deductible. It doesn't make any financial sense to pay it quicker.
Similar case for me, 30 year fixed