Title: High Yield Savings
Post by: EmilyFoxSeaton on August 07, 2017, 11:00:00 PM
Post by: EmilyFoxSeaton on 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 ?
Title: High Yield Savings
Post by: Rob L on August 07, 2017, 11:00:00 PM
Post by: Rob L on 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.
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.
Title: High Yield Savings
Post by: SLCPaladin on August 07, 2017, 11:00:00 PM
Post by: SLCPaladin on 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.
Title: High Yield Savings
Post by: TravelingPennies on August 07, 2017, 11:00:00 PM
Post by: TravelingPennies on August 07, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: Peter on August 07, 2017, 11:00:00 PM
Post by: Peter on August 07, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 07, 2017, 11:00:00 PM
Post by: TravelingPennies on August 07, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 07, 2017, 11:00:00 PM
Post by: TravelingPennies on August 07, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: jheizer on August 08, 2017, 11:00:00 PM
Post by: jheizer on 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.
Title: High Yield Savings
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Post by: TravelingPennies on August 08, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 09, 2017, 11:00:00 PM
Post by: TravelingPennies on August 09, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on August 09, 2017, 11:00:00 PM
Post by: TravelingPennies on 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.
Title: High Yield Savings
Post by: mrwhizzard on August 09, 2017, 11:00:00 PM
Post by: mrwhizzard on August 09, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: Rob L on August 09, 2017, 11:00:00 PM
Post by: Rob L on August 09, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: jennrod12 on August 11, 2017, 11:00:00 PM
Post by: jennrod12 on August 11, 2017, 11:00:00 PM
Anyone else here buy I-bonds? You can only invest $10k each year now, but my husband and I each buy them and it adds up after a while. The base rate is low or nonexistent now, but they typically pay in the 2-3% range per year, and will go up if interest rates go up.
Jenn
Jenn
Title: High Yield Savings
Post by: TravelingPennies on November 04, 2017, 11:00:00 PM
Post by: TravelingPennies on November 04, 2017, 11:00:00 PM
Stumbled across another interesting website/blog with all manner of savings tidbits:
http://www.hustlermoneyblog.com/
Anyone found this to be a use resource?
http://www.hustlermoneyblog.com/
Anyone found this to be a use resource?
Title: High Yield Savings
Post by: lascott on November 05, 2017, 11:00:00 PM
Post by: lascott on November 05, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: SLCPaladin on November 07, 2017, 11:00:00 PM
Post by: SLCPaladin on November 07, 2017, 11:00:00 PM
Title: High Yield Savings
Post by: TravelingPennies on November 07, 2017, 11:00:00 PM
Post by: TravelingPennies on November 07, 2017, 11:00:00 PM
lascott,
Planning on keeping them a minimum of 5 years probably 30. We like the risk free part.
Jenn
Planning on keeping them a minimum of 5 years probably 30. We like the risk free part.
Jenn
Title: High Yield Savings
Post by: AnilG on November 10, 2017, 11:00:00 PM
Post by: AnilG on November 10, 2017, 11:00:00 PM
I am with jenrod12 and SLCPaladin on I-series bonds. We have been buying them for over a decade. Every year we buy maximum allowable amount of I-series bonds. With fixed rate now at 0.10% since Nov 1st, they have become more attractive. I like the relatively risk free, inflation+ return, and tax deferred return part of I-series bonds. I plan to keep them as long as possible. I may consider rolling over I-series bonds with 0% fixed rate to the newer I-series bonds if the fixed rate portion continue to rise.