Fed Cuts Interest Rates — Now is the Time to Buy a Zopa CD

For the regular reads this may be a bit of a rehash (Fed Cuts Rate 75 Basis Points — I bought a Zopa US CD at 5.1%), but the fed cut rates again today… If you have been considering buying a CD now is the time a Zopa is the place.  They are currently offering a 3.75% APY. 

Buy buying your CD with this link you will be helping to reduce the interest rate of my Zopa loan.  Zopa took best in show honors at finovate based on a presentation where the CEO Doug Dolton had everyone thinking it was possible to get a negative interest rate loan.  I am not disputing that it is possible, in fact I hope it happens to me. 

To that end, here is my standing offer… If you are a blogger/website owner/operator and buy a Zopa CD that helps my loan I will give you a permanent link in this post.  If you help my loan by $1/month or more I will give a link in this post and my blogroll.  (Huge discount against my ratecard.) 

So how about it?  Get a a great rate on a CD, help a blogger with his loan, and get a link(s) in return.

Regardless, more on Zopa at finovate tomorrow.

Zopa 3.75%

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4 comments ↓
#1 Living Off Dividends & Passive Income on 04.30.08 at 2:42 pm

interesting concept.

although i’ll probably stick to foreign currency etfs like FXA that yield 5%. In a year, AUD will probably have achieved parity with USD for another 5% on top of that 5%.

#2 bamalucky on 04.30.08 at 3:23 pm

Does this offer extend to me?

#3 RateLadder on 05.01.08 at 8:03 am

This offer extends to any and all bloggers and website owners and operators.

#4 Carnival of P2P Lending #9 - Cinco de Mayo Edition on 05.05.08 at 9:57 am

[...] says that with the Fed dropping interest rates, buy a Zopa CD. It seems like you might even be able pay your loan back at negative percent if you can convince [...]

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