LOL you're one of the realest. "Quick tip - if you're asian, dont do stocks. You have an ego, you're impatient, and you're a gambler" - man spoke generational wisdom as a side tidbit. Love your authenticity, keep it up!
more like how I inherited a lot of money from my parent and luckily have a restaurant that can be taken care of by the employees allowing me to do nothing.
@@dd19892 At 2:33, he explained that he has parents to support, coming from a poor background as immigrants, etc. There was another video which he explained how his trustworthy and reliable manager and other staffs enabled him to run his restaurant passively after closing down 2 other restaurants.
started up my first korean fusion restaurant at the age of 22, dropped out of college. Been 8 years open now. Looking back, first 3 years were the hardest, I remember falling asleep at Mcdonalds drive thru after work lol. If I can give my 2 cent, like said in the video, try to acquire an existing biz. They did all the hard work for you, you just got to focus on maintaining it. Starting up a whole new restaurant, you have wayyyyyy more things to work on, A to Z and add some Korean alphabet to that lol. Also, stay away from BOBA SHOP START UP. 99% guaranteed to fail within 2 years. Go franchise a already successful one if so. Good luck !!!!
Hi! WDYM about Boba Shop Start Up? As in trying to create a new brand? I'm interested in boba/dessert shops as the margins seem higher and there is less operational complexity. Am definitely leaning towards franchising as well
Great video and insight. I’m in my mid-twenties and of Asian descent. After two years in investment banking, I left to rejoin my family’s restaurant business. I’ve worked in the restaurant all my life, and it’s been brutal, and still is. But I’d much rather rush to Restaurant Depot to restock a core menu item or step in for dinner rush than have an MD call me at night to build another merger model that ends up in the appendix of our pitch deck. Equity means everything to me, but I understand the answer is different for everyone. Am based here in the DC metro area hope our paths cross sometime down the road. I will be following along you and your family’s journey.
Thanks for sharing. Just to share, I went to law school when I turned 35 after working in corporate after graduating from UCI. I was independent for half my career before that but still a contractor to corporate. Many things got me to change direction including the passing of my father. However, cliche that incident got me to think what I was doing with my life that my parents sacrificed so much to give me. I knew I could do more. i was cruising. So I decided to push myself for more. Another reason is in 2009 the Subprime lending crisis crashed the economy and i was out of work. I was sick and tired of my future being determined by others. I had been thinking about starting something for years but couldn't decide. nothing was right. Being an attorney has dramatically improved my life. I help people and make way more money. I am thankful to God for how he used the circumstances in my life to make something good come from it. My journey is not over. I live for God's purpose...whatever that might be.
Seeking God's purpose 💯👍 For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future. Then you will call on me and come and pray to me, and I will listen to you. You will seek me and find me when you seek me with all your heart. -Jeramiah 29:11-13 - And it's also written. So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. - Matthew 6:31-34. -
figure out a side hustle can be something that can work. Work 9-5...side hustle from 6 to 12...build the side hustle for a few years until it's big enough where you can quit your 9-5
This was a great video. If and when you make that next transition, would appreciate an update video. It would also be interesting to see a detailed look at the backend of your former restaurant business. Was very refreshing to see a raw and unedited video that was straight to the point. You didn’t over explain and took very simple ideas and used examples to demonstrate them. Cheers.
I have no doubt you work a lot and need time home. However, I followed you mostly for the harship of managing a restaurant with all the business and operational side of it, that makes it harsh but fun at the same time. I wish you could really keep going this way ! Best regards
Love your content! Your family is so cute 😊 and this video is very informational! I run a small biz myself and work from home but I’d love to add 2-3 more streams of income. Your other video was very interesting, I didn’t realize the margins for convenience stores were so low after all the costs and that the cost of goods was so high
New subscriber here from Philippines! Love your insights. Followed your socials last week and man you’ve been an inspiration! As an entrepreneur for 2 years, you really gave me and my partner incredible perspective when it comes to business. I hope you can go live on one of your socials to conduct some Q and A’s though.
thanks for your videos, stumbled on them on youtube and they were super informative. I don't come from the finance world - I work corporate for a large retailer and love F&B businesses - curious if you can do a deep dive on how you look at the P+Ls of the businesses, what you're looking for when you're doing your due diligence. Thanks!
I’m a huge fan and wish you so much success and happiness! Question: what are your thoughts on food trucks ? I live in a area in the south that having a brick and mortar restaurant I don’t think would do well and the there aren’t many food options but there is a need .
i never really looked into food trucks but i know there has been success stories with them. you really have to just keep trying and if it's not working for you, try other things until it works
@POV_Husband I just turned 21 and watched your video and loved it. Question for you; you said your are going now more into property. Idk if I should find a business or should I start building a rental portfolio? What do you think is better?
@@POV_Husband I fully agree!! thats why I was trying to focus on cash flowing properties but I feel that its safer or more reliable than a business, is this a false notion
Is there a strategy to filter the bad ones out faster? For example what should sales vs expenses vs profit % vs employee salary % vs COGS % vs rent % be? Like industry standard that is considered a good investment (assuming owner is telling the truth)
Hi POV Husband, I have been a fan of yours for a while, love the content keep it up. I have a question for you about how long I should be working at my corporate job. Obviously, I need to save in order to be able to afford investing into new business ventures. I currently put 2/3 of my savings into S&P stocks, and have 1/3 in a 4.9% HYSA. If I want to own a business one day, is it worth continuing down the path I am going? If so, how much should I invest into stocks to where I am seeing enough return to quit my 100k a year job?
You shouldn't depend on stocks to generate income. It's just a retirement account. I would think about what makes you happy, what you think you'll be great at, and in what areas you think you can persevere while others tap out. And if you can focus on that one thing I think will result in massive success and happiness. Whether you achieve that through buying an existing business in that field or if you love your corporate job you can venture out on your own and create your own company doing the same services
@@POV_Husband I printed out your comment for motivation. Making content that I wish I watched as a younger version of myself makes me happy, because I know my advice can help at least one person in my situation. I am great at talking to people about their problems and coming up with solutions. I can persevere in consistency where others cannot. Thanks for the response, I will do my best to focus on finding something that I can create on my own.
One of your videos says how you guys went through savings and were broke? Well, after watching this and your saying that you were both bankers making six figures.. then buy a restaurant. 😅 you dont know true hardship. Most Americans have no safety money and never will own a buissness and i was born here. To get loans as American you pretty much have to come from another country. Its truth. More loans go to immigration family than the born citizens. Its set up that way. Facts matter
@gladlock This is one way.. I'm a loan officer. Maybe you should look into it. Happy new year! Credit Cards and Loans for Immigrants Getting a credit card or loan can help meet financial needs and can be a way to establish and build a U.S. credit history. Immigrants have the right to apply for loans and credit cards, and a number of banks and lenders offer them.10 There are, however, some limitations and exceptions. For example, Deferred Action for Childhood Arrivals (DACA) recipients are ineligible for federal student loan programs.11 However, they may be able to obtain private student loans from banks or other lenders, as well as personal loans or auto loans. Meanwhile, other noncitizens may be able to successfully apply for federal student loans if they can provide sufficient documentation.12 Certain Native American students born in Canada with a status under the Jay Treaty of 1789 may also be eligible for federal student aid.13 Qualification for private student loans, personal loans, auto loans, or mortgage loans can vary from lender to lender. For example, no verification of citizenship or immigration status may be required if the application can provide an ITIN and proof of income. A passport or other identification may also be requested to complete the loan application. As far as credit cards go, a number of financial technology (fintech) companies have developed credit products specifically for people who don’t have a Social Security number. Applicants may use an ITIN instead to get approved. If they’re able to open an account, they can then use that to establish and build a credit history, which could make it easier to qualify for loans.14 MAJORITY is a mobile banking app designed just for immigrants that includes personalized access to banking with no overdraft fees or foreign transaction fees.15 Mortgages for Immigrants Buying a home typically means getting a mortgage, and immigrants have the right to apply for a home loan in the U.S. The biggest challenge with getting approved is being able to meet the lender’s qualification requirements with regard to employment history, credit history, and proof of income.16 If you don’t have a credit history in the U.S., for instance, that can make it more difficult for lenders to assess your creditworthiness. Opening a bank account with an international bank that has U.S. branches or with a U.S. bank can help you establish a financial history. Again, you can open a bank account with an ITIN, and your lender may allow you to apply for a mortgage using your ITIN as well. Doing your research to compare mortgage options can help you find a bank that’s willing to work with you. Offering a larger down payment could make it easier to qualify for a mortgage in the U.S. when you have immigrant status. Can I Open a Bank Account Without a Social Security Number? Yes, you can legally open a bank account whether or not you have a Social Security number and regardless of your immigration status. A number of banks and credit unions accept a wide range of identification documents, including an Individual Taxpayer Identification Number (ITIN), to open a bank account.3 What Is an ITIN? The Internal Revenue Service (IRS) issues ITINs to people who are required to file tax returns and are not eligible to get a Social Security number. The ITIN can be used in place of a Social Security number when opening a new bank account or applying for certain loans and credit cards.8 Do I Have to Show Immigration Papers to Open a Bank Account? No. Banks and credit unions should not ask you to prove your immigration status to open a bank account. If you believe that a bank or another financial institution is discriminating against you based on your immigration status, you can file a complaint through the Federal Reserve System’s Consumer Complaint form online.17 Can Illegal Immigrants Have a Bank Account? Yes, undocumented immigrants to the United States have the right to open a bank account. Again, banks should not need you to prove your immigration status to open an account.17 The Bottom Line Immigrating to the U.S. can be an opportunity to expand your horizons, and it’s important to understand what banking rights you have. Opening a bank account can be the first step toward building a solid financial foundation, and it can make it easier to apply for loans and credit cards later on. If a bank account isn't right for your situation, there are other alternative financial products and services that you can explore to ensure you're able to cash checks, pay bills, and more while living in the U.S. Sponsored Checking Today, Savings Tomorrow Meet the Checking and Savings account that works for you. SoFi makes it easier to save while earning interest on your balance. Earn up to 4.00% APY along with up to $300 dollars when you set up direct deposit and perks like zero account fees, overdraft coverage, and more. You may also be eligible to get your paycheck up to two days early. Open an account today to start enjoying leading savings rates. Terms apply. Article Sources Open a New Bank Account Advertiser Disclosure Related Articles  SoFi Savings Account Interest Rates: January 2025  Discover Savings Account Interest Rates: January 2025  Chase Savings Account Interest Rates: January 2025  Citizens Bank CD Rates: January 2025  Navy Federal CD Rates: January 2025  Fidelity Cash Management Account Interest Rates: January 2025 Related Terms Christmas Club: Overview, History, Example A Christmas club is a savings account to help people save for the holidays. Money is deposited throughout the year and withdrawn before the holidays. more What Is a Savings Account and How Does It Work? A savings account is a bank or credit union account designed to keep your money safe while providing interest. Learn how savings accounts work. more What Is a Certificate of Deposit (CD)? Pros and Cons A certificate of deposit (CD) is a type of savings account offered by banks and credit unions. It pays a fixed interest rate for a set period of time. more Jumbo Certificate of Deposit (CD): What It Is, Pros and Cons A jumbo certificate of deposit (CD) is a type of savings account with higher deposit requirements than a traditional CD. A jumbo CD typically a high interest rate. more Medical Savings Account (MSA): Meaning, History, Types A Medical Savings Account (MSA) was a forerunner of a Health Savings Account (HSA) and had similar deductibles, IRA status, and tax treatment. more Form 8283:
LOL you're one of the realest. "Quick tip - if you're asian, dont do stocks. You have an ego, you're impatient, and you're a gambler" - man spoke generational wisdom as a side tidbit. Love your authenticity, keep it up!
Holy crap, all 3 of those points are brutally accurate as an asian lol
That part was gold!
you are not alone… made this mistake
This makes zero sense
Luckily I'm like Li Lu
The honest to face you display with your advice is what makes you worthy of following your success story.
well said
more like how I inherited a lot of money from my parent and luckily have a restaurant that can be taken care of by the employees allowing me to do nothing.
@@dd19892 he literally said he came from a poor background and worked a corporate bank job to acquire business, dont be ignorant lol
@@dd19892 At 2:33, he explained that he has parents to support, coming from a poor background as immigrants, etc. There was another video which he explained how his trustworthy and reliable manager and other staffs enabled him to run his restaurant passively after closing down 2 other restaurants.
started up my first korean fusion restaurant at the age of 22, dropped out of college. Been 8 years open now. Looking back, first 3 years were the hardest, I remember falling asleep at Mcdonalds drive thru after work lol. If I can give my 2 cent, like said in the video, try to acquire an existing biz. They did all the hard work for you, you just got to focus on maintaining it. Starting up a whole new restaurant, you have wayyyyyy more things to work on, A to Z and add some Korean alphabet to that lol. Also, stay away from BOBA SHOP START UP. 99% guaranteed to fail within 2 years. Go franchise a already successful one if so. Good luck !!!!
Hi! WDYM about Boba Shop Start Up? As in trying to create a new brand? I'm interested in boba/dessert shops as the margins seem higher and there is less operational complexity. Am definitely leaning towards franchising as well
Great video and insight. I’m in my mid-twenties and of Asian descent. After two years in investment banking, I left to rejoin my family’s restaurant business. I’ve worked in the restaurant all my life, and it’s been brutal, and still is. But I’d much rather rush to Restaurant Depot to restock a core menu item or step in for dinner rush than have an MD call me at night to build another merger model that ends up in the appendix of our pitch deck. Equity means everything to me, but I understand the answer is different for everyone. Am based here in the DC metro area hope our paths cross sometime down the road. I will be following along you and your family’s journey.
keep going 💪
Thanks for sharing. Just to share, I went to law school when I turned 35 after working in corporate after graduating from UCI. I was independent for half my career before that but still a contractor to corporate. Many things got me to change direction including the passing of my father. However, cliche that incident got me to think what I was doing with my life that my parents sacrificed so much to give me. I knew I could do more. i was cruising. So I decided to push myself for more. Another reason is in 2009 the Subprime lending crisis crashed the economy and i was out of work. I was sick and tired of my future being determined by others. I had been thinking about starting something for years but couldn't decide. nothing was right. Being an attorney has dramatically improved my life. I help people and make way more money. I am thankful to God for how he used the circumstances in my life to make something good come from it. My journey is not over. I live for God's purpose...whatever that might be.
Gods purpose🙏Amen
Seeking God's purpose 💯👍
For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future. Then you will call on me and come and pray to me, and I will listen to you. You will seek me and find me when you seek me with all your heart. -Jeramiah 29:11-13 -
And it's also written.
So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. - Matthew 6:31-34. -
Please do more videos on sharing your business vision. You are so good at explaining your ideas yet making it interesting.
Thank you for this video. I'm so tired of This 9-5 and watching my child at the same time. Now my work wants Rto 5 days...
figure out a side hustle can be something that can work. Work 9-5...side hustle from 6 to 12...build the side hustle for a few years until it's big enough where you can quit your 9-5
This was a great video. If and when you make that next transition, would appreciate an update video. It would also be interesting to see a detailed look at the backend of your former restaurant business.
Was very refreshing to see a raw and unedited video that was straight to the point. You didn’t over explain and took very simple ideas and used examples to demonstrate them.
Cheers.
Great content. I would pay money to listen to your entrepreneurial insights 👍
You need to make more finance videos!! You’re very good at breaking everything down
this episode is inspiring. I am tempted to go back to the corporate world because of the stability. I'll stay the course, and it will happen.
Definitely not a young person in my 20s but resonates so much after a couple decades in corporate America
Thank you for being honest and showing your experience. ❤😊 I learned a lot!
I have no doubt you work a lot and need time home. However, I followed you mostly for the harship of managing a restaurant with all the business and operational side of it, that makes it harsh but fun at the same time. I wish you could really keep going this way ! Best regards
I appreciate your honesty and direct approach to people.
Best of luck and success to you, your family, partner's family, on your journeys in life...
Loved this. Could you breakdown the financial calculation process for beginners? A video on that would be very useful.
Love your content! Your family is so cute 😊 and this video is very informational! I run a small biz myself and work from home but I’d love to add 2-3 more streams of income. Your other video was very interesting, I didn’t realize the margins for convenience stores were so low after all the costs and that the cost of goods was so high
New subscriber here from Philippines! Love your insights. Followed your socials last week and man you’ve been an inspiration! As an entrepreneur for 2 years, you really gave me and my partner incredible perspective when it comes to business. I hope you can go live on one of your socials to conduct some Q and A’s though.
What a gem 💎 dropper. Thank you
Great info and very inspiring! Thanks
I appreciate you for sharing your story , love your content🤟🏼
Love this man keep it up ! 🔥
thanks. very transparent and informative content
❤❤❤ great advice
Thank you for this video.
Just letting you know 95% of the people that escaped the 9-5 already have wealth behind them.
Glad I subscribed 👍🏽
thanks for your videos, stumbled on them on youtube and they were super informative. I don't come from the finance world - I work corporate for a large retailer and love F&B businesses - curious if you can do a deep dive on how you look at the P+Ls of the businesses, what you're looking for when you're doing your due diligence. Thanks!
I’m a huge fan and wish you so much success and happiness!
Question: what are your thoughts on food trucks ?
I live in a area in the south that having a brick and mortar restaurant I don’t think would do well and the there aren’t many food options but there is a need .
i never really looked into food trucks but i know there has been success stories with them. you really have to just keep trying and if it's not working for you, try other things until it works
Thanks ❤ for the book
thanks man❤ liked and subscribed
informative. Thanks for sharing. I just ran into your channel on IG.
Great video
Great video. I like watching your videos because of the transparency you provide. So, you sold the food/burger businesses you used to do videos about?
Love POV Husband! ❤ How do you pay for medical insurance for your family? Is it expensive?
My Asian ahh wanting to go into stocks.. we'll I guess I won't 😂😅
How essential was the financial background to understanding how to do due diligence on these businesses
Love your content! Every day I look forward to your IG feed. what are your thoughts on opening a brunch restaurant?
where is the affiliate link to the book?
How much money were you guys making before getting in the restaurants?
how much would it cost to start up a car washing business
Yo man, great vid. How did you learn the financial knowledge
By looking up books with financial knowledge. I mean, common sense...
@POV_Husband I just turned 21 and watched your video and loved it. Question for you; you said your are going now more into property. Idk if I should find a business or should I start building a rental portfolio? What do you think is better?
Cash is king. RE is a long term game. It's hard to generate cash flow from RE unless you are an active flipper and developer
Cash flow is EVERYTHING. Equity means jack crap, gets wiped away at a moments notice
@@POV_Husband I fully agree!! thats why I was trying to focus on cash flowing properties but I feel that its safer or more reliable than a business, is this a false notion
Question - how do you make money off Content (e.g. ad revenue, sponsorships)? And approx how much do you make a month?
Is there a strategy to filter the bad ones out faster? For example what should sales vs expenses vs profit % vs employee salary % vs COGS % vs rent % be? Like industry standard that is considered a good investment (assuming owner is telling the truth)
So bro
When I message these people..should I ask then for pnl report? Thank you and have a nice day
Do you own Ted's Place?
(Edit) I appreciate your videos by the way! Thank you for the knowledge.
Not anymore, thanks!
thank you.
Hi POV Husband, I have been a fan of yours for a while, love the content keep it up.
I have a question for you about how long I should be working at my corporate job.
Obviously, I need to save in order to be able to afford investing into new business ventures. I currently put 2/3 of my savings into S&P stocks, and have 1/3 in a 4.9% HYSA. If I want to own a business one day, is it worth continuing down the path I am going? If so, how much should I invest into stocks to where I am seeing enough return to quit my 100k a year job?
You shouldn't depend on stocks to generate income. It's just a retirement account. I would think about what makes you happy, what you think you'll be great at, and in what areas you think you can persevere while others tap out. And if you can focus on that one thing I think will result in massive success and happiness. Whether you achieve that through buying an existing business in that field or if you love your corporate job you can venture out on your own and create your own company doing the same services
@@POV_Husband I printed out your comment for motivation. Making content that I wish I watched as a younger version of myself makes me happy, because I know my advice can help at least one person in my situation. I am great at talking to people about their problems and coming up with solutions. I can persevere in consistency where others cannot. Thanks for the response, I will do my best to focus on finding something that I can create on my own.
Poker is my career!
One of your videos says how you guys went through savings and were broke? Well, after watching this and your saying that you were both bankers making six figures.. then buy a restaurant. 😅 you dont know true hardship. Most Americans have no safety money and never will own a buissness and i was born here.
To get loans as American you pretty much have to come from another country. Its truth. More loans go to immigration family than the born citizens. Its set up that way. Facts matter
how do immigrants with no credit get a loan? You might be missing context
@gladlock This is one way.. I'm a loan officer. Maybe you should look into it. Happy new year!
Credit Cards and Loans for Immigrants
Getting a credit card or loan can help meet financial needs and can be a way to establish and build a U.S. credit history. Immigrants have the right to apply for loans and credit cards, and a number of banks and lenders offer them.10 There are, however, some limitations and exceptions.
For example, Deferred Action for Childhood Arrivals (DACA) recipients are ineligible for federal student loan programs.11 However, they may be able to obtain private student loans from banks or other lenders, as well as personal loans or auto loans. Meanwhile, other noncitizens may be able to successfully apply for federal student loans if they can provide sufficient documentation.12
Certain Native American students born in Canada with a status under the Jay Treaty of 1789 may also be eligible for federal student aid.13
Qualification for private student loans, personal loans, auto loans, or mortgage loans can vary from lender to lender. For example, no verification of citizenship or immigration status may be required if the application can provide an ITIN and proof of income. A passport or other identification may also be requested to complete the loan application.
As far as credit cards go, a number of financial technology (fintech) companies have developed credit products specifically for people who don’t have a Social Security number. Applicants may use an ITIN instead to get approved. If they’re able to open an account, they can then use that to establish and build a credit history, which could make it easier to qualify for loans.14
MAJORITY is a mobile banking app designed just for immigrants that includes personalized access to banking with no overdraft fees or foreign transaction fees.15
Mortgages for Immigrants
Buying a home typically means getting a mortgage, and immigrants have the right to apply for a home loan in the U.S. The biggest challenge with getting approved is being able to meet the lender’s qualification requirements with regard to employment history, credit history, and proof of income.16 If you don’t have a credit history in the U.S., for instance, that can make it more difficult for lenders to assess your creditworthiness.
Opening a bank account with an international bank that has U.S. branches or with a U.S. bank can help you establish a financial history. Again, you can open a bank account with an ITIN, and your lender may allow you to apply for a mortgage using your ITIN as well. Doing your research to compare mortgage options can help you find a bank that’s willing to work with you.
Offering a larger down payment could make it easier to qualify for a mortgage in the U.S. when you have immigrant status.
Can I Open a Bank Account Without a Social Security Number?
Yes, you can legally open a bank account whether or not you have a Social Security number and regardless of your immigration status. A number of banks and credit unions accept a wide range of identification documents, including an Individual Taxpayer Identification Number (ITIN), to open a bank account.3
What Is an ITIN?
The Internal Revenue Service (IRS) issues ITINs to people who are required to file tax returns and are not eligible to get a Social Security number. The ITIN can be used in place of a Social Security number when opening a new bank account or applying for certain loans and credit cards.8
Do I Have to Show Immigration Papers to Open a Bank Account?
No. Banks and credit unions should not ask you to prove your immigration status to open a bank account. If you believe that a bank or another financial institution is discriminating against you based on your immigration status, you can file a complaint through the Federal Reserve System’s Consumer Complaint form online.17
Can Illegal Immigrants Have a Bank Account?
Yes, undocumented immigrants to the United States have the right to open a bank account. Again, banks should not need you to prove your immigration status to open an account.17
The Bottom Line
Immigrating to the U.S. can be an opportunity to expand your horizons, and it’s important to understand what banking rights you have. Opening a bank account can be the first step toward building a solid financial foundation, and it can make it easier to apply for loans and credit cards later on. If a bank account isn't right for your situation, there are other alternative financial products and services that you can explore to ensure you're able to cash checks, pay bills, and more while living in the U.S.
Sponsored
Checking Today, Savings Tomorrow
Meet the Checking and Savings account that works for you. SoFi makes it easier to save while earning interest on your balance. Earn up to 4.00% APY along with up to $300 dollars when you set up direct deposit and perks like zero account fees, overdraft coverage, and more. You may also be eligible to get your paycheck up to two days early. Open an account today to start enjoying leading savings rates. Terms apply.
Article Sources
Open a New Bank Account
Advertiser Disclosure
Related Articles

SoFi Savings Account Interest Rates: January 2025

Discover Savings Account Interest Rates: January 2025

Chase Savings Account Interest Rates: January 2025

Citizens Bank CD Rates: January 2025

Navy Federal CD Rates: January 2025

Fidelity Cash Management Account Interest Rates: January 2025
Related Terms
Christmas Club: Overview, History, Example
A Christmas club is a savings account to help people save for the holidays. Money is deposited throughout the year and withdrawn before the holidays.
more
What Is a Savings Account and How Does It Work?
A savings account is a bank or credit union account designed to keep your money safe while providing interest. Learn how savings accounts work.
more
What Is a Certificate of Deposit (CD)? Pros and Cons
A certificate of deposit (CD) is a type of savings account offered by banks and credit unions. It pays a fixed interest rate for a set period of time.
more
Jumbo Certificate of Deposit (CD): What It Is, Pros and Cons
A jumbo certificate of deposit (CD) is a type of savings account with higher deposit requirements than a traditional CD. A jumbo CD typically a high interest rate.
more
Medical Savings Account (MSA): Meaning, History, Types
A Medical Savings Account (MSA) was a forerunner of a Health Savings Account (HSA) and had similar deductibles, IRA status, and tax treatment.
more
Form 8283:
Congratulations