Interest rate fluctuations online banks

-
A few months Capital One Bank sent us a promotional offer promising they would deposit $450 in our 360 account approximately three months after we deposited $55,000 of new money in the account always maintaining a balance that exceeds 50 K.

At the time the interest rate or APR was 1%. The rate has since fallen to 0.6% without any notice from the online bank. At least Amex will notify you they are lowering their rates which are prevailing at 1 per cent(almost twice the earnings rate of Capital One) after being as high as 2.1% pre COVID.

If this continues we will just transfer the 55 Grand back to Amex. The Cha Ching of 450 dollar longevity bonus will actually probably keep us from that drastic measure.  BTW Hillbilly Jose Medeiros has a beautiful perspective on dealing with Corona virus as a mountain man. Sorry sooo off topic!!
 

Comments

Post a Comment

Popular posts from this blog

Don't be fooled by this Email Spoofing Entity

-
Do NOT be duped  livenlonpro unsolicited emails claiming that you have had a credit card application rejected. Jennifer Abel wrote about the nightmare experienced by James R Hood regarding a fake Amazon order. ScamAdviser published its opinion that the site is safe, but do not be deceived. They sent me an email about my credit card application being rejected and I HAD NOT APPLIED FOR A CREDIT CARD IN OVER 4 YEARS. Max Gannon, writing for CoFence, details how they are the classic Phishing scam. Do not download anything from them unless you enjoy having your laptop or desktop paralyzed by malware from their email spoofing algorithm!! I was not able to find the physical address of  livenlonpro  which is a strong indication they are fly by night fraudsters.
Read more

The Clerk has your Gasoline Receipt

-
Image
How many times on a cold or rainy day have you gotten the following message at the gas pump indicating you have to enter the convenience store in order to pick up your receipt for gasoline purchase? The last thing anybody wants to see from a credit card purchase gas pump is a message stating that the clerk has the receipt! On this particular day, I was already late to pick up our daughter from day care and did not have time to walk into AllSups to pick up receipt from the convenience store attendant. Did I say CONVENIENCE store!? I think many roadside convenience stores intentionally do not reload the receipt paper rolls in order to force customers into their establishment. Once inside, customer may buy a lottery ticket, cigarettes, beer, condom, etc. Many patrons need the gas receipts either to be reimbursed by their employer or for their IRS tax itemization. Gas stations doing this are in violation of some law. Not many of have the time to file a lawsuit against gas
Read more

Homeowner's Tree dangerously Blocking Stop Sign

-
Image
 As I far as I know code enforcement has contacted the female you see in the picture below regarding a huge front yard tree that is blocking a stop sign at a busy four way intersection.  She would be in violation of laws dealing with obstructing traffic signs in any other city. She resides at 113 West Deming Zip code 88203 in Roswell New Mexico. You can see how dangerous her uncut and untrimmed huge tree is at the corner of South Richardson and Deming in the picture below. I am sure she has received a lot of stimulus money as well as unemployment payments from Uncle Sam so I know she has the cash to cover the costs of cutting the hazardous tree down to size!! I worked for code enforcement in Midland Texas and they would have warned this homeowner once and the then fined her for neglect and threatening the general welfare of the public. I was going to apply for job in Roswell, but will find another place to live if the city has people who care so little for their fellow citizens!!! It i
Read more