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Author Topic: High Yield Savings

E
  • Posts: 13
High Yield Savings
OP: August 07, 2017, 11:00:00 PM
I have an account with Synchrony Bank. It is actually doing pretty decently. The interest rate has gone up 2 times since I got it and given how safe my investment is... I have made more than Lending Club and Groundfloor. Though obviously I have put in more money.  Some of the CDs are offering 1.55 % which is more than I have seen in a while. Anyone else ?
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R
  • Posts: 484
High Yield Savings
#1: August 07, 2017, 11:00:00 PM
You might want to look through this thread for earlier discussions (it's a bit dated):
http://forum.lendacademy.com/index.php/topic,4212.0.html

A really good web site that tracks bank account rates (mentioned by nonattender in that thread) is:
https://www.depositaccounts.com/
If there are better ones I'd sure like to hear of them.
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S
  • Posts: 91
High Yield Savings
#2: August 07, 2017, 11:00:00 PM
I second depositaccounts.com, that is a great site. PenFed Federal Credit Union put out 3.1% 5-year CDs in 2013 for a brief time and I found out about it there and snapped some up. The deal only lasted about one or two months. I check that site at least once a week for the best CD rates. Currently, I'm getting 2.6% at Mountain America Credit Union NCUA insured on 5-year term deposits.
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T
  • Posts: 6588
High Yield Savings
#3: August 07, 2017, 11:00:00 PM
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High Yield Savings
#4: August 07, 2017, 11:00:00 PM
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T
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High Yield Savings
#6: August 07, 2017, 11:00:00 PM
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T
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High Yield Savings
#7: August 08, 2017, 11:00:00 PM
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T
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High Yield Savings
#8: August 08, 2017, 11:00:00 PM
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T
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T
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High Yield Savings
#10: August 08, 2017, 11:00:00 PM
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j
  • Posts: 143
High Yield Savings
#11: August 08, 2017, 11:00:00 PM
I keep my brokerage cash in my purepoint savings getting 1.3%. When I want it back into the account etrade credits my account as soon as I initiate the transfer so it's only an extra minute to access the cash.
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T
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High Yield Savings
#12: August 08, 2017, 11:00:00 PM
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T
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High Yield Savings
#13: August 09, 2017, 11:00:00 PM
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T
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High Yield Savings
#14: August 09, 2017, 11:00:00 PM
non-IRA.  And sadly I fall in all the exceptions to where I am pretty much SOL on IRAs and have no work retirement account.
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