Software to track CD Maturities ??

[LostDollar]

I am not an insurance agent or professional financial planner.

Is there any kind of a free for consumers software that one can use to track CD information such as amounts, locations, and maturity and renewal dates?

Obtaining a financial institution's current promotional interest rate usually involves buying a CD for a non-standard ( not a multiple of 6 months ) period such as 9 or 13 months. The CD then auto renews into a standard CD rate period at a very low rate unless one changes renewal instructions within the standard 10 day grace period.

Thank you.

 

[Tahoe Ray]

I am not an insurance agent or professional financial planner.

Is there any kind of a free for consumers software that one can use to track CD information such as amounts, locations, and maturity and renewal dates?

Obtaining a financial institution's current promotional interest rate usually involves buying a CD for a non-standard ( not a multiple of 6 months ) period such as 9 or 13 months. The CD then auto renews into a standard CD rate period at a very low rate unless one changes renewal instructions within the standard 10 day grace period.

Thank you.

Google sheet with all of the CDs and then Google task reminder to ping yourself on the renewal date.

 

[PrivClientSG]

I really don't know first-hand, but I thought some of the basic software/systems out there had something like this -- maybe Mint or that Fidelity system that was out there. Doesn't seem like rocket science, so I think it would exist.

As said, it might be better to simply use a spreadsheet with all the data, alerts, etc. Good luck.

 

[DHK]

Google sheet with all of the CDs and then Google task reminder to ping yourself on the renewal date.

That and put it on your calendar. You may want to have a 7-day lead time to give yourself time to look for new rates from other institutions at that time.

 

[DonP]

I am not an insurance agent or professional financial planner.

Is there any kind of a free for consumers software that one can use to track CD information such as amounts, locations, and maturity and renewal dates?

Obtaining a financial institution's current promotional interest rate usually involves buying a CD for a non-standard ( not a multiple of 6 months ) period such as 9 or 13 months. The CD then auto renews into a standard CD rate period at a very low rate unless one changes renewal instructions within the standard 10 day grace period.

Thank you.

Lost dollar I'm going to save you much headache . Marcus ( Goldman Sachs bank ) has the ultimate online . They also have some of the best Cd rates ( 14 month 4.5% ) . There the 9 th biggest bank and owned by Goldman the safest of the safe . So I got no hesitation having 7 figs in there . But what makes them unlike any or her bank is there close out . Within 12 months of maturity you can set up instructions were the cd proceeds go automatically ( like back to your bank checking account ) . Wells Fargo only allows you ti call in that 10 day window after maturity . Best online on the planet

 

[LostDollar]

Google sheet with all of the CDs and then Google task reminder to ping yourself on the renewal date.

Thank you for the suggestion.

I have no clue how to find or use either of those products.

I'll give the idea consideration along with the other options.

 

[LostDollar]

I really don't know first-hand, but I thought some of the basic software/systems out there had something like this -- maybe Mint or that Fidelity system that was out there. Doesn't seem like rocket science, so I think it would exist.

As said, it might be better to simply use a spreadsheet with all the data, alerts, etc. Good luck.

Thank you for taking the time to post an answer.

I find the menus at Fidelity challenging to navigate but I'll see if something shows up.

I'll also find out what the "Mint" you mentioned is.

 

[Newby]

Thank you for the suggestion.

I have no clue how to find or use either of those products.

I'll give the idea consideration along with the other options.

If you have an iPhone, it has a program on it called Calendar. You can use that for things like you're looking for.

 

[LostDollar]

That and put it on your calendar. You may want to have a 7-day lead time to give yourself time to look for new rates from other institutions at that time.

I'll have to find out how to use the calendar programs first.

 

[LostDollar]

Lost dollar I'm going to save you much headache . Marcus ( Goldman Sachs bank ) has the ultimate online . They also have some of the best Cd rates ( 14 month 4.5% ) . There the 9 th biggest bank and owned by Goldman the safest of the safe . So I got no hesitation having 7 figs in there . But what makes them unlike any or her bank is there close out . Within 12 months of maturity you can set up instructions were the cd proceeds go automatically ( like back to your bank checking account ) . Wells Fargo only allows you ti call in that 10 day window after maturity . Best online on the planet

Thank you for the suggestions.

I'm dealing with amounts 00.25% of the amounts you are talking about. At the moment I am sticking with local.

I renewed a CD yesterday at one institution for .0450% for 13 months.
I opened another at another institution for .0425% for 20 months.

I appreciate hearing about Marcus' renewal instruction procedures. Navy Federal Credit Union has something like that, but current interest rates are under 4%. If I can manage the renewals, I can get a small ladder going locally with more favorable (than NFCU) interest rates.

I have never done online banking with the online banks like you are talking about. I suppose that may be something I need to learn about.

My level of expertise in these things is like, a few years ago I opened a RobinHood account, but have been totally locked out of it because I gave them my landline telephone number and they want to text verification codes to a cellphone. Grrr.