Since the tiers are now equal, I will likely split into something like 3 CDs: two large ones and one a bit smaller. I also had a bit of liquidity concern with the higher minimum. Granted, I could have likely waited the required 7 days to cancel my CD then immediately buy in at the higher rate, assuming they would not just apply the new rate, but not going through the hastle/not needing to know to do it is great.
I think this is the first time I thank ACH for being slow. I was hoping they would not lower the rate, the rate increasing never entered my mind. I wanted to qualify for a higher tier so I was pulling money to meet that minimum, but one of the transfers was not due to complete until today. Previously it was 3.00% for sub $50k, then 3.15% up to $100k then 3.25% going up. I spotted this earlier today on and I was shocked.
