Savings & CD Rates

After weeks of slashing rates, this week we see a little improvement. GMAC Bank raised their savings rate from 5.00% to 5.25% and today they raised their CD rates up from 5.30% to 5.40%
GMAC BANK (Min deposit $500):
Term: Rate: APY:

	3 months	5.12%	5.25%
	6 months	5.21%	5.35%
	9 months	5.21%	5.35%
	12 months	5.26%	5.40%

On the other hand World Savings has been slashing their rates. Their 6.01% CD went down to 5.76% a few weeks ago and now that's gone too! Their highest paying CD is 5.61% for a 4 month term only. For their online banking their rates are as follows (Note that they have no 6, 9 or 12+ moth CDs!):

Term APY
3- Month 3.16% APY
4- Month 5.61% APY
5- Month 5.26% APY
5- Year 5.14% APY


Another attractive option at the moment is from Citibank that is still running their 5.50% 6 month CD special with a minimum deposit of $500 and 5.00% e-savings account.

E-Loan is still offering the 5.50% online savings account. Refer to me earlier post regarding the E-Loan account.

Another Pinecone Reaserch Link Found!

I stumbled upon another Pinecone research sign up link. Refer to my post on Pinecone under "Making Money Online." Hurry and sign up before they disable the link!

From the Pinecone Website:
"W h a t i s P i n e C o n e R e s e a r c h ?

PineCone Research conducts on-line interviews with consumers from all walks of life to obtain their opinions about new products. To become a panel member, all you need to do is complete the simple form below. This will only take a few minutes of your time. It's easy and fun to see and evaluate new product ideas in the comfort of your own home AND get paid $5 for your time. Each interview usually takes 15-20 minutes of your time. Plus, you are free to leave the panel at any time should you choose to do so. We will occasionally ask some questions about your household in order to match the appropriate questionnaires to you. This usually includes just 3 or 4 questions and is brief. These questions are uncompensated. "

Think You Got A Good Deal?

It is interesting to note how people run to the store as soon as they hear there is some big sale going on. But is the sale really worth it? Not most of the time!
CASE-IN-POINT: JCPENNY like they always do has another sale going on this weekend, the main attraction buy one get the second for $0.88! You might think "WOW! it's like getting one free!" NO! If you have ever noticed how in a normal shopping day when there are no sales the prices are set below the sticker price but as soon as a sale like this or 20% off is announced the base sale price is the maximum for each product i.e. the one printed on the tag. EXAMPLE: There are graphic tees that sell for $8.50 - $9.00 any given day but for this sale the price for the tee was $18! Lets do some math:
$8.50 * 2 = $17.00 <-- Not on Sale
$18.00 + $0.88 = $18.88 <-- On Sale
Get the picture? Let me point out that no not every item is like that. There actually might be something that you get cheaper but the majority or or popular items are priced the way I have my example set up. So next time when you think about going shopping just because o fa sale, pay close attention.

American Consumer Opinion

I have mentioned about taking paid surveys and testing products. The best so far in my opinion has been ACO - American Consumer Opinion. Their surveys are short and interesting. So far their surveys have not taken me as long as other survey sites. They pay a decent amount. My surveys have ranged from $4- $8 so far. A few extra bucks has never hurt anyone. If you have questions about my experience with ACO or comments please feel free to email me. Sign up below and give it a shot!

Click Here: Sign Up for ACO

*If you would like you can enter my email as your referrer green.cash2@hotmail.com

Sign Up Link for American Consumer Opinion