BEST High Yield Savings Accounts in 2024!

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 380

  • @JH48092
    @JH48092 10 місяців тому +50

    I love Ally. One thing to mention.. you would NOT make less money if your money is split between multiple accounts assuming all the accounts have the same interest rate.

  • @Hannahbenowitz
    @Hannahbenowitz 4 місяці тому +86

    Stashed away cash for a rainy day, but with inflation pouring down, it feels more like a leaky bucket. Saving for retirement seems impossible if my money keeps losing value faster than I can earn it.

    • @JosephineKenney
      @JosephineKenney 4 місяці тому +5

      Not all hope is lost. Talk to a financial advisor about inflation-protected investments like TIPS (Treasury Inflation-Protected Securities) that can help your savings keep pace with inflation.

    • @FinnBraylon
      @FinnBraylon 4 місяці тому +3

      Financial consultants can be inflation warriors! They can recommend investment options that outpace inflation, like real estate or certain stocks. A client of mine used this strategy and saw their savings account grow by 15% in just two years,effectively combating inflation's drag.

    • @HildaBennet
      @HildaBennet 4 місяці тому +3

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this fiduciary??

    • @FinnBraylon
      @FinnBraylon 4 місяці тому +2

      “ Sonya Lee Mitchell” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @HildaBennet
      @HildaBennet 4 місяці тому +4

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @charlesc1698
    @charlesc1698 10 місяців тому +39

    Get a HYSA for a emergency fund and then put the rest of the money in treasury. Tbills have higher interest and you don’t have to pay local state tax.

  • @briansamaniego-howard1806
    @briansamaniego-howard1806 10 місяців тому +76

    Debt free and 135k in retirement and savings at 33 is a blessing. Hysa is pretty good too lol

    • @Austin_SOLDanoRealEstate
      @Austin_SOLDanoRealEstate 10 місяців тому +8

      Good stuff man, Debt free as well now just stackin money at 29

    • @rayjackson6808
      @rayjackson6808 9 місяців тому +5

      you won't always be debt-free. Try as best you can. Drive a Toyota, and don't touch your retirement. Imaging what you'll have in the next 30 years.

    • @castpint5541
      @castpint5541 9 місяців тому

      😂😂😂😂 cap

    • @_continuum7479
      @_continuum7479 9 місяців тому

      Tryna get like you man🙌🏿🙌🏿🙌🏿🙌🏿

    • @cupidok2768
      @cupidok2768 9 місяців тому

      7k!? How much money did u put in?

  • @dec1slh
    @dec1slh 9 місяців тому +15

    Wealthfront 5%
    Laurel Road 5%
    Varo 5% on up to 5000

  • @Opm0316
    @Opm0316 10 місяців тому +15

    I have Marcus for a while and I love it. They do have the buckets too if you want to put your savings in different categories.

    • @othersbyuri
      @othersbyuri 9 місяців тому

      Just closed mine. They financially support Israel. Goldman Sachs’s has been publicly doing so since 2016ish . Enough of our taxes fund genocide. No thanks for me!

  • @ceceteach4
    @ceceteach4 10 місяців тому +24

    I opened a HYS with Ally after watching one of your videos! Love the bucket feature! Use this for all our sinking funds.

    • @DebtFreeMillennials
      @DebtFreeMillennials  9 місяців тому

      Love it!!

    • @HLS821
      @HLS821 9 місяців тому

      Same! I switched because of this video. I love it.

    • @jackfrost99
      @jackfrost99 6 місяців тому

      @@DebtFreeMillennials You earned over 7K in interest in a year?? You would have to have over 150K in the Bank to make that happen. Most young people don't have that much money. If you do, then congrats.

  • @TailspinMedia
    @TailspinMedia 7 місяців тому +4

    had ally for a year now, loving it! clean interface but has all the functions i need. makes savings fun. I have nothing to sell, no affiliate link. just honest opinion.

  • @johnhenderson7081
    @johnhenderson7081 10 місяців тому +22

    I have tried lot of high yield savings and I always go back to Ally Bank. Tried SOFI, but have decided to come back to Ally as my online bank. I do not have to worry about setting up a direct deposit in order to get the high rate in the savings, which you do with SOFI.

    • @ChaimS
      @ChaimS 10 місяців тому +8

      I don't disagree, but you get that interest on your checking as well, which you don't with ally. You literally just have to direct deposit $1 to get the higher amount, and most businesses that you play with your direct deposit enough that you could easily do that.

    • @johnhenderson7081
      @johnhenderson7081 4 місяці тому

      I did decide to make my online bank with SOFI for now and just direct deposit 1% of my retirement into the checking in order to get the higher rate. Have set up my SOFI vaults and using them along with SOFI Invest. Going to try them at least through end of year and see how things go. Ally is a great online bank and have been around for many years. I am not going to close the checking and savings with them. Possibly will be moving some funds in Ally very soon. I never like to put all my eggs in one basket.

  • @livingunashamed4869
    @livingunashamed4869 10 місяців тому +14

    I love Barclays, 4.35% and so easy to use :). Member since 2019.

  • @JennTheFrugalMom
    @JennTheFrugalMom 10 місяців тому +18

    Capital one 360 is the best. I have alot of accounts 😊 and I love them

  • @Chris_x_2
    @Chris_x_2 9 місяців тому +9

    One of my favorite things about Marcus is the boosted 1% you get from being referred or referring a new customer. 3 months at 5.5% instead of 4.5% I haven’t been able to beat it anywhere else

  • @joecochran7797
    @joecochran7797 8 місяців тому +4

    I have a Vanguard Cash Plus account that currently paying 4.7%. My daughter and son-in-law bank with Ally and really like it.

  • @carolyn8103
    @carolyn8103 10 місяців тому +18

    I have Marcus. The same day transfers is amazing

    • @othersbyuri
      @othersbyuri 9 місяців тому

      Just closed mine. They financially support Israel. Goldman Sachs’s has been publicly doing so since 2016ish . Enough of our taxes fund genocide. No thanks for me!

    • @DebtFreeMillennials
      @DebtFreeMillennials  9 місяців тому +1

      LOVE same-day transfers.

  • @MidlifeWithBee
    @MidlifeWithBee 10 місяців тому +17

    PNC Bank has a good HYSA at 4.65%. I still like the idea of being able to visit a brick and mortar bank if needed.

    • @jasonk446
      @jasonk446 10 місяців тому

      You sure that’s not a CD that will lock up your money? I have a Wells Fargo account too. Walked into the branch once in 6 years.

    • @beckygeer6480
      @beckygeer6480 8 місяців тому

      @@jasonk446 Good point. I have been dawdling on High Yield banking as brick and mortar gives me some kind of security, yet I don't even remember the last time I entered a bank.

  • @sonniej1948
    @sonniej1948 10 місяців тому +6

    I just opened an account with Capital on January 1st 2024 because of there 4.35% interest rate on their savings account and the no minimum balance. I opened three accounts with them: an emergency fund, holiday savings and their checking account. My goal to have $10,000 saved for my emergency fund, open another savings account and call it my Future Savings Account for either a car, laptop computer or etc., and later on, open another savings account for Vacation.

    • @M.ark.G
      @M.ark.G 10 місяців тому

      Do they have same day transfers?

    • @sonniej1948
      @sonniej1948 10 місяців тому

      @@M.ark.G
      Capital One has Zelle when it comes to same day transfers from person to person that also have a Zelle app.

  • @bfoster005
    @bfoster005 10 місяців тому +7

    Awesome video. I think this is an area most people overlook since rates have been so low for so long and the big banks haven't adjusted their savings rates.

  • @fibercouggocougs8656
    @fibercouggocougs8656 10 місяців тому +10

    I have a Capital One account and I like it except for 1 huge flaw they have. There is no 2-factor authentication to log in. I want a bank that uses an authenticator app. Much more secure than other 2-factor methods. For this reason alone, I am looking for a different high yield savings account.

    • @alliebelle3298
      @alliebelle3298 9 місяців тому

      There is a scam going around where the scammers hijack your phone and then use the 2 factor authentication to access your accounts. Please look it up. Today the 2 factor authentication is very problematic. I opened accounts at a bank that offer lock down. no one cam transfer money in or out unless you authorize it. Check it out

  • @glennluteraan4434
    @glennluteraan4434 10 місяців тому +13

    American express is another 4.35% account and if you also have their card, then it's all accessible from the same login.

    • @Whatorwellsaid21
      @Whatorwellsaid21 10 місяців тому +2

      I have had this HYSA with Amex for 3-4 years now. I recently opened a rewards checking account which has no monthly fees, minimums or required direct deposits. Not my primary checking acc but it does add some convenience.

    • @dowhatiwanttruthseeker4440
      @dowhatiwanttruthseeker4440 9 місяців тому +3

      I am an Amex member and is considering their hysa; how do you like it?

    • @ceshu7396
      @ceshu7396 9 місяців тому

      Been using Amex HYSA at 4.35% so far so good, no minimum deposit, no fees, been enjoying my “passive income” dividends each month, and yes you can access your money and transfer it to other banks anytime!

    • @josephmgomez3921
      @josephmgomez3921 8 місяців тому

      Do it@@dowhatiwanttruthseeker4440

  • @jimcurran1644
    @jimcurran1644 10 місяців тому +5

    Not to offend but I like to see people get the best rate and quality. Anyone not currently over 5% you need to change your bank. Bask bank is 5.10% no strings or fees/minimums. Vio is at.5.30% no strings attached. Much better than 4.35%. I use Bask currently.

  • @brianstricklett3868
    @brianstricklett3868 10 місяців тому +17

    CIT Platinum Savings account has 5.05% apy with $5,000 minimum as well.

    • @wiiplaya25
      @wiiplaya25 7 місяців тому +2

      I think people don’t mention this because of the 5k deposit. I will be using this myself soon

  • @torygee7550
    @torygee7550 10 місяців тому +5

    Capital one is good. U can deposit cash at CVS and Walgreens. Ally bank. The buckets are the best smoking. No fees on both.

    • @msfeej352
      @msfeej352 9 місяців тому

      Yes, that's one of the features I love about Capital One 360 the deposit locations.

  • @ericeven4090
    @ericeven4090 10 місяців тому +3

    Citizens access is my pick. 4.5% for the last year or so.

  • @catgodfrey6451
    @catgodfrey6451 10 місяців тому +6

    I’ve got Marcus ❤

  • @itshollyw959
    @itshollyw959 10 місяців тому +6

    I LOVE my ally HYSA! and you can set amount and date of completion goals for the buckets which is so helpful with staying on track. It'll show you what percentage you're at towards your goal. So helpful!

    • @f.iyanda3838
      @f.iyanda3838 9 місяців тому

      Have you heard about IUL’s?

  • @elimeygarcia3049
    @elimeygarcia3049 3 місяці тому +1

    love ally, have a car note with them and its a breeze, may they sponsor us both !
    thank you for sharing your knowledge !

  • @kchaney9735
    @kchaney9735 10 місяців тому +5

    I have a HYSA with BOA for 4.17%. It was a special promotional offer. Minimum new deposit of $50k was required.

    • @hellaloud9224
      @hellaloud9224 10 місяців тому +2

      Oh hell no

    • @TobiDeLafayette
      @TobiDeLafayette 10 місяців тому

      @@hellaloud9224the fees will cancel out the interest rate . Don’t worry

    • @kennnnnnnnnnnnnnnnnnn1242
      @kennnnnnnnnnnnnnnnnnn1242 10 місяців тому

      Ally bank is 4.35%

    • @pamelalima5401
      @pamelalima5401 9 місяців тому +1

      All others don’t require minimum deposit and offer more interest

    • @josephmgomez3921
      @josephmgomez3921 8 місяців тому +4

      I won't bank with BOA even if they gave me 6%....lol

  • @whitgetsit
    @whitgetsit 9 місяців тому +2

    I use Ally, and I'm obsessed with the buckets! I also have a hysa with Alliant, but it's only getting 3.1% so I'm going to move my money out. Loving your videos :)

    • @f.iyanda3838
      @f.iyanda3838 9 місяців тому

      Do you know about IUL’s?

  • @sh0t0kan
    @sh0t0kan 10 місяців тому +5

    Just moved 50k to Amex high yield savings the other day from my BofA savings. Was a platinum tier for two years with BofA and earned a laughable $21.64 in interest.

    • @heidikamrath1951
      @heidikamrath1951 9 місяців тому

      Like you: BofA “platinum.” Moved a lot of money over to raisin last summer when it was 5.25 (?)% and it just keeps going up. Each time the rates change, I get an email notification.
      Added a big check at Xmas time and deposited first into BofA. The teller wanted to know what I was going to do with the money. Huh? None of his business! But I told him I was going to move it to raisin as soon as it cleared. His eyebrows went up when I told him the interest rate. It did take a few days to clear both BofA and then raisin, so the same day stuff is just a dream for me. Meanwhile, my interest earnings are super exciting! Take THAT, BofA!

    • @redscorpion9325
      @redscorpion9325 9 місяців тому +2

      Same,I was Platinum Tier but only earned $11 which is a joke so I moved all that money to High Interest Rate Bank,I feel like an idiot after all these years,In trying to tell a friend to do the same thing but he said he’s been with BOA for Decades,I guess its the Status thing and not knowing how much BOA is ripping him off,I say maybe keep BOA for quick ATM Cash for convenience but nothing more and have it linked to External Bank if you already have Direct Deposit through them and don’t want to set up Direct Deposit through another Bank because of the hassle

    • @josephmgomez3921
      @josephmgomez3921 8 місяців тому +2

      Amex is great

    • @heatherprincipe8537
      @heatherprincipe8537 5 місяців тому +1

      That is disappointing. But, you've moved on and nothing to look back.

  • @raylee5030
    @raylee5030 9 місяців тому +1

    Wow: An interest earning of $7682 in 7 weeks of 2024. Assuming you get an average of 4.60%, your savings $7682*(52/7)*(1/0.046), thus, you have over $1.24 million in savings. Go Girl!!

    • @saulhernandez8620
      @saulhernandez8620 8 місяців тому

      Within 1.24mil just do ETFs earn up to 12% a year

  • @26Jsnyder
    @26Jsnyder 10 місяців тому +6

    Wealthfront and Barclays

  • @selena9824
    @selena9824 10 місяців тому +5

    Hello. I'm a new subscriber. I find your videos so far to be simple and easy to understand. I would like to try your budget toolkit but when i try to access it an error appears, any idea why? Thanks for the videos.

  • @amyshort8641
    @amyshort8641 10 місяців тому +5

    I like Amex saving. Super fast transfer between my bank accounts.

  • @paulbrown4920
    @paulbrown4920 10 місяців тому +5

    How much did you invest to make that much of interest?

  • @MarkoPolo8888
    @MarkoPolo8888 10 місяців тому +3

    I’m a Capital One user but I do agree Ally is great.
    Oh and one side note, THANK YOU for not mentioning SoFi. Not a fan of there’s.

  • @parmgoraya3785
    @parmgoraya3785 10 місяців тому +4

    The thumbnail is misleading because you don't give the breakdown of the $7.6k. The HYS are good to know but most I've already covered. All the best.

    • @DebtFreeMillennials
      @DebtFreeMillennials  9 місяців тому +2

      The $7k+ interest was earned across my HYSAs. I have extremely high balances in Ally which resulted in a higher interest payout.

  • @sarge131
    @sarge131 10 місяців тому +11

    Why isn't AMEX on this list?

    • @ceshu7396
      @ceshu7396 9 місяців тому +1

      Im with Amex and I love it!

  • @anabntz27
    @anabntz27 8 місяців тому +3

    What about SOFI bank? I've heard that one is also good?

  • @NNKretired
    @NNKretired 10 місяців тому

    CIT for a couple of years. No problems at all. Transfer money in and out without any issues.

    • @DebtFreeMillennials
      @DebtFreeMillennials  9 місяців тому

      They consistently catch my eye each year I do these review videos. Might be time to work with them!

  • @Savannah2751
    @Savannah2751 2 місяці тому

    Based on this video, my bank is doing pretty good. Thanks. Ally did have one intersting feature thou.

  • @factionjaxon4119
    @factionjaxon4119 23 дні тому

    Side note. Unless things have changed, most credit unions charge a monthly fee if you don't have income coming into the account regularly. I was in several CUs at once with direct deposit spread among them. Got laid off and they all started nailing me for $5 a month (possibly higher now). This was over 15 years ago though so you could lose close to almost a years interest in one month. They were not HYSAs.

  • @Jenna888s
    @Jenna888s 9 місяців тому

    I've been using Betterment and LOVE the cash returns. My end of year goal is to figure out how I can strategize where allocations are to create high passive returns monthly so I can know I have a buffer if the economy is shitty (as we all have experienced lately). I'd actually LOVE to have you do a video comparing the pros and cons of keeping a traditional 401k or moving your money into on of these HYSA vehicles. Currently 401k aren't awesome and I've been strongly wondering whether to switch it up strictly from a rate return standpoint. Especially since the HYSAs are also compounding returns. Thank you!

  • @eltillo13
    @eltillo13 10 місяців тому +9

    Wealthfront has 5% interest

    • @iralocke76
      @iralocke76 10 місяців тому

      Wealthfront is 5% and if you refer someone they add.5% for 3 months and allow you to do the sub accounts under the main account as well and fast transfers back to your bank, as well as you can get a debit card that is fee free at most ATMs at local drug stores (Rite aid or Walgreens).. 😁

  • @911mulato
    @911mulato 9 місяців тому

    CIT Bank is Great!! They have two saving accounts with 4.65% and 5.05%.

  • @galato4234
    @galato4234 7 місяців тому

    Thank you for this video. When you have HYSA, do you have taxes? if yes, how much? thanks again.

  • @jasonk446
    @jasonk446 10 місяців тому +1

    I use Ally savings, money market, checking, and investment accounts. Love that company. However, I park my emergency fund in Marcus. I do this because I’d be too tempted to mess with it if I saw it on a regular basis.

    • @DebtFreeMillennials
      @DebtFreeMillennials  9 місяців тому +1

      I've worked with several coaching clients who use Marcus and have great things to say!

  • @taniacopeland4335
    @taniacopeland4335 10 місяців тому +4

    You forgot to mention that with marcus you can actually earn an extra 1% with 5 referrals per year making it 5.5%

    • @othersbyuri
      @othersbyuri 9 місяців тому

      Just closed mine. They financially support Israel. Goldman Sachs’s has been publicly doing so since 2016ish . Enough of our taxes fund genocide. No thanks for me!

  • @chrisranes7964
    @chrisranes7964 8 місяців тому +1

    Does Ally automatically distribute funds into each monthly deposit made to the HYSA?

  • @AminaCasazza
    @AminaCasazza 3 місяці тому +4

    Really where are investors putting their cash? Isn’t it crazy how mortgage rates continue to rise with higher imports and declining exports, but the FED is yet to lessen cost. Something will eventually break if they keep raising interest rates and quantitative tightening.

    • @KateEngdahl
      @KateEngdahl 3 місяці тому +4

      from my study, prices of great assets like real estate, dividend paying stocks, and gold never come down, so I buy what I can afford today. ideally, seeking financial advice in a crucial economy is necessary for everyone

    • @A-krandy
      @A-krandy 3 місяці тому +3

      I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

    • @HilaryPhan
      @HilaryPhan 3 місяці тому +3

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @A-krandy
      @A-krandy 3 місяці тому +1

      Marisa Michelle Litwinsky is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

    • @A-krandy
      @A-krandy 3 місяці тому +3

      'Marisa Michelle Litwinsky, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

  • @Manu.YouTube
    @Manu.YouTube 10 місяців тому +3

    What are your thoughts on Betterment's Cash Reserve account?

  • @royalladi
    @royalladi 10 місяців тому +4

    Milli bank is 5.50%

  • @1Prettyhazeleyes1
    @1Prettyhazeleyes1 10 місяців тому +2

    I use PNC which currently has a 4.6 interest rate

  • @bugtracker152
    @bugtracker152 8 місяців тому

    Barclay’s gives a decent APY. The only issue I’m aware of is that they put a hold on any incoming deposits for 5 business days (not sure if any other banks do that). Withdrawals, seems to be no issue though.

  • @jaydenjaccin654
    @jaydenjaccin654 10 місяців тому +2

    Financial freedom is key 🔑

  • @JohnJuan2129
    @JohnJuan2129 8 місяців тому +2

    SoFi and Wealthfront ?
    Dbit card options? Direct deposit required ?

    • @laural.3031
      @laural.3031 4 місяці тому +2

      I have wealthfront. You can choose to have a debit card. I don't I use it only as savings. There's no minimum deposit.

  • @ajayvs1
    @ajayvs1 8 місяців тому

    It's good to have about 6 months of total expenses in these accounts. I would recommed all other savings to go into stocks/ETFs to maximize returns

  • @LeftSeatAdventures
    @LeftSeatAdventures 8 місяців тому

    Thanks for the info! 👍Plus, I went ahead and got your kid's book too. We're getting our 4 year old started early!

  • @erickvarela2777
    @erickvarela2777 10 місяців тому +1

    I have Raisin! They now have a high yield acct at 5.32

    • @hanwagu9967
      @hanwagu9967 10 місяців тому +2

      they don't, because they aren't a bank or credit union. Raisin has program banks and credit unions, so the rate is offered by the program financial institution through Raisin. The rates are also variable.

  • @lynnnash1175
    @lynnnash1175 9 місяців тому +1

    This all sounds really great but when you have no idea HOW to go about doing it or anyone to help you, it doesn’t matter how much Money one would make does it😏

  • @mrtlc5
    @mrtlc5 9 місяців тому +1

    What are your thoughts on Fidelity's high savings account at 5% as well as wealth front?

  • @Beanz8907
    @Beanz8907 10 місяців тому +4

    I use Marcus

    • @deannaerwin6625
      @deannaerwin6625 10 місяців тому +2

      Me too! 12 month CD @5.35% minimum $500
      HYS 4.50 % no minimum deposit

    • @Zswcde
      @Zswcde 10 місяців тому

      Same, I was surprised Ally was the favorite

    • @sandimclaurin
      @sandimclaurin 8 місяців тому +2

      I have Marcus too, love em.

  • @jayocean4724
    @jayocean4724 10 місяців тому +1

    I opened an Ally account and love it!

    • @itgamer4143
      @itgamer4143 10 місяців тому

      Look up WealthFront

  • @FHGwood
    @FHGwood 9 місяців тому +1

    Love the video. Was doing research on the Money Market account for UFB Direct and I saw a different APY. Can you send me the link to the 5.25% you saw?

  • @teams3345
    @teams3345 9 місяців тому

    Between American Express Savings and my Credit Union CD I have gotten over $10,000 in interest last year.

    • @josephmgomez3921
      @josephmgomez3921 8 місяців тому

      Mostly coming from your credit union CD I suppose...lol

    • @teams3345
      @teams3345 8 місяців тому

      @@josephmgomez3921yes. CD at 5.25% and American Express 4.35%.

  • @beckygeer6480
    @beckygeer6480 8 місяців тому

    Please clarify how this works. It must be connected to an actual physical bank in order to access or deposit money?

  • @LoveLUZZY
    @LoveLUZZY 9 місяців тому

    Hi! What can you say about BANNER BANK. Thanks

  • @tatimartiae
    @tatimartiae 9 місяців тому +3

    Raisin added a high yield savings account at 5.32 %

  • @medrep1000
    @medrep1000 7 місяців тому

    I totally agree with your choice of Ally Savings😂😂

  • @lamar6007
    @lamar6007 9 місяців тому +1

    I have American Express high yield savings account and I have a Discover savings account

  • @chaskinsnc
    @chaskinsnc 9 місяців тому +1

    What do you think about betterment? They had a 5.55% no fee hysa last sept. If I want to put up to 50k, do you think it is safe to put all in one hysa or split between more for safety?

  • @jimlangdon6703
    @jimlangdon6703 10 місяців тому +2

    Sounds like a lot of money to have in a savings account. A s&p index fund would have paid you about 25% last year

  • @paulbarnett7793
    @paulbarnett7793 9 місяців тому +1

    Bask Bank should be on this list.

  • @IRun4Ever2
    @IRun4Ever2 10 місяців тому +2

    Thanks, I will be looking into Ally bank!

    • @itgamer4143
      @itgamer4143 10 місяців тому

      Look up WealthFront.. cash account, no minimum , same day transfers 5.5%.

  • @starr92808
    @starr92808 3 місяці тому

    What are your thoughts about rolling over a 401k from a previous employer.. what bank would be best. I live in California, in Anaheim (Disneyland)

  • @guanajadb
    @guanajadb 8 місяців тому

    Love Raisin HYSA

  • @Busch27295
    @Busch27295 10 місяців тому +3

    I'm a high yield junkie 🎯
    I deposit all of my AMDY stock dividends every month into my synchrony high-yield savings...💰

    • @heatherb9853
      @heatherb9853 10 місяців тому +1

      Is there a reason you don’t reinvest your dividends? Just curious, I’ve heard of both!

    • @Busch27295
      @Busch27295 10 місяців тому +2

      I do not reinvest the dividends because I'm always looking for the next investment to pay a higher yielding dividend...

    • @heatherb9853
      @heatherb9853 10 місяців тому

      @@Busch27295 got it, thanks for the explanation!

  • @Chepecafeteria
    @Chepecafeteria 4 місяці тому

    American First Credit Union's money market has 1 star in the better business bureau!

  • @sheilakilby5162
    @sheilakilby5162 10 місяців тому +3

    I love ally.

  • @garfield8900
    @garfield8900 9 місяців тому +1

    What is a sinking fund?

  • @wrenchguy2937
    @wrenchguy2937 9 місяців тому +1

    Ally bank is the best. Its the consistency for me

  • @uranalwdebaran3897
    @uranalwdebaran3897 10 місяців тому +1

    That mean You have a capital near $177,000 at your saving accaunt? Not bad. Only don't stop next 25 years. And You will have (payment for 25-th year*12) capital.

  • @cassieb1588
    @cassieb1588 10 місяців тому +2

    Vio Bank is 5.30% APY

  • @richie5439
    @richie5439 10 місяців тому +3

    SoFi with 4.60 %

  • @loladelvalle7937
    @loladelvalle7937 6 місяців тому

    Hi what do you think of Ever Bank ?

  • @natehighlander5227
    @natehighlander5227 9 місяців тому +2

    Robinhood is 5%

  • @davidpittman5779
    @davidpittman5779 10 місяців тому

    FNBO is who I use.

  • @stevenkates4876
    @stevenkates4876 3 місяці тому

    Love FOUND & SOFI & INTUIT & CHIME.

  • @iCARTER
    @iCARTER 10 місяців тому +2

    Wealthfront 5.00 percent

    • @hanwagu9967
      @hanwagu9967 10 місяців тому

      wealthfront 5.00 % is from November. Read their fine print.

    • @iCARTER
      @iCARTER 10 місяців тому

      @@hanwagu9967 WHAT! I'm still getting it!! The 5.0 and it's 01/25/24

  • @DouglasJackson-l6h
    @DouglasJackson-l6h 9 місяців тому

    Very informative, i love Ally🥰

  • @eileenscarpa
    @eileenscarpa 2 місяці тому

    What about Fidelity HYS ?

  • @katjbesas1
    @katjbesas1 10 місяців тому +2

    Thoughts on wealthfront?

    • @hanwagu9967
      @hanwagu9967 10 місяців тому

      unless you have oodles of cash exceeding your insured limits at any given bank, there is no reason to use a fintech aggregator like wealthfront, Raisin, betterment, etc.

  • @TheCuddlyFiles
    @TheCuddlyFiles 9 місяців тому

    I love this video🙏 Thank you so much!

  • @diecis7751
    @diecis7751 10 місяців тому +1

    Wells Fargo was doing a 4.6% for a one year term on their savings account!

    • @DP-bx5fg
      @DP-bx5fg 8 місяців тому

      You have to put in 5k on the CD for that.

  • @kennethhunter9745
    @kennethhunter9745 8 місяців тому

    What do you think of Sharonview CU in North Carolina?

  • @damayoclinic
    @damayoclinic 8 місяців тому

    What do you think about PNC Bank?

  • @pauls-finds
    @pauls-finds 10 місяців тому +1

    Bread Savings 5.15%

  • @JustMekEARuh
    @JustMekEARuh 7 місяців тому

    have high yield with amx (currently 4.3% daily compound). it’s cool, but was wondering about bask bank. do you (or anybody else) know anything about them?!?!

  • @TweetyMinie11
    @TweetyMinie11 10 місяців тому +1

    Webull
    5%
    But no same day transfer

  • @FeliciaR16
    @FeliciaR16 7 місяців тому

    BASK BANK for me. They are currently at 5.1%

  • @marythetallone02
    @marythetallone02 9 місяців тому

    FNBO Direct 5.15%