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High Yield Savings

Started by Peter, August 09, 2017, 11:00:00 PM

Previous topic - Next topic

EmilyFoxSeaton

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 ?

Rob L

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" class="bbc_link" target="_blank">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/" class="bbc_link" target="_blank">https://www.depositaccounts.com/
If there are better ones I'd sure like to hear of them.

SLCPaladin

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.


Peter

Publisher of the Lend Academy blog

See my returns here: http://www.lendacademy.com/returns

TravelingPennies





TravelingPennies



jheizer

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.



TravelingPennies

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.

NEW LOANS:   | 870.eth 2.500 Ξ | 804.eth 2.500 Ξ | remoraid.eth 0.299 Ξ | ALL