topic Re: Best high yield savings? in SmorgasBoard

Best high yield savings?

Dustink — Sun, 07 Oct 2012 06:00:08 GMT

I am looking for the best place to put short term cash. No strings attached like direct deposit ect.

Thanks for your help.

Re: Best high yield savings?

creditnocash — Sun, 07 Oct 2012 12:12:57 GMT

what are you looking for? and about how much money? thos most ive seen is a money market plus for 10k in new money brought in. earns 1%

this site advertises 1.05% but needs 25k deposit and cant dip below that or they drop your rate to 0.90

https://www.bankoncit.com/product-savings.htm?pk_campaign=GoBanking_HYSA&pk_kwd=Aug_Savings_HYSA_Relationship_PTMoney_125x125&jt=1&jmt=1&js=100&jsid=28066&jaid=36086&jcp=GoBanking_HYSA&jag=Aug_Savings_HYSA_Relationship_PTMoney&jcr=125x125

Re: Best high yield savings?

jsucool76 — Sun, 07 Oct 2012 15:26:30 GMT

I get .95% on my ally money market. Everything is free, no min balance, no min opening deposit. You can open with 0$

No maintenance fees or anything.

Re: Best high yield savings?

Dustink — Sun, 07 Oct 2012 17:04:53 GMT

creditnocash wrote:
what are you looking for? and about how much money? thos most ive seen is a money market plus for 10k in new money brought in. earns 1%

this site advertises 1.05% but needs 25k deposit and cant dip below that or they drop your rate to 0.90

https://www.bankoncit.com/product-savings.htm?pk_campaign=GoBanking_HYSA&pk_kwd=Aug_Savings_HYSA_Relationship_PTMoney_125x125&jt=1&jmt=1&js=100&jsid=28066&jaid=36086&jcp=GoBanking_HYSA&jag=Aug_Savings_HYSA_Relationship_PTMoney&jcr=125x125

What bank for 1% on 10k?

Re: Best high yield savings?

Dustink — Sun, 07 Oct 2012 17:05:18 GMT

jsucool76 wrote:
I get .95% on my ally money market. Everything is free, no min balance, no min opening deposit. You can open with 0$

No maintenance fees or anything.

Thanks, I'll look into it.

Re: Best high yield savings?

Lzzybeth — Mon, 08 Oct 2012 01:29:22 GMT

jsucool76 wrote:
I get .95% on my ally money market. Everything is free, no min balance, no min opening deposit. You can open with 0$

No maintenance fees or anything.

I have an Ally Bank account too, it's where I've stashed my emergency fund. It's great! The ease of setup and the customer service are top notch.

Re: Best high yield savings?

EandK23 — Mon, 08 Oct 2012 01:37:58 GMT

I have a savings account at Barclay bank. 1% interest Rate

Re: Best high yield savings?

creditnocash — Mon, 08 Oct 2012 10:11:46 GMT

Dustink wrote:
creditnocash wrote:
what are you looking for? and about how much money? thos most ive seen is a money market plus for 10k in new money brought in. earns 1%

this site advertises 1.05% but needs 25k deposit and cant dip below that or they drop your rate to 0.90

https://www.bankoncit.com/product-savings.htm?pk_campaign=GoBanking_HYSA&pk_kwd=Aug_Savings_HYSA_Relationship_PTMoney_125x125&jt=1&jmt=1&js=100&jsid=28066&jaid=36086&jcp=GoBanking_HYSA&jag=Aug_Savings_HYSA_Relationship_PTMoney&jcr=125x125
What bank for 1% on 10k?

citizens bank. its a money market plus account.

Re: Best high yield savings?

Dustink — Tue, 09 Oct 2012 06:36:34 GMT

citizens bank. its a money market plus account.

ZIP Code is out of our business area - Please try again

Bummer

Re: Best high yield savings?

creditnocash — Tue, 09 Oct 2012 17:19:47 GMT

Dustink wrote:
citizens bank. its a money market plus account.

ZIP Code is out of our business area - Please try again

Bummer

ouch. where are you located? usually if you put down 10k in a mm. its not something light.

i would google around or just go to a bunch of websites of banks around your area.

Re: Best high yield savings?

Dustink — Wed, 10 Oct 2012 00:41:06 GMT

creditnocash wrote:
Dustink wrote:
citizens bank. its a money market plus account.

ZIP Code is out of our business area - Please try again

Bummer

ouch. where are you located? usually if you put down 10k in a mm. its not something light.
i would google around or just go to a bunch of websites of banks around your area.

I am in San Francisco, CA. My bank offers 0.1% haha.

Re: Best high yield savings?

jsucool76 — Wed, 10 Oct 2012 01:34:58 GMT

Dustink wrote:
creditnocash wrote:
Dustink wrote:
citizens bank. its a money market plus account.

ZIP Code is out of our business area - Please try again

Bummer

ouch. where are you located? usually if you put down 10k in a mm. its not something light.
i would google around or just go to a bunch of websites of banks around your area.
I am in San Francisco, CA. My bank offers 0.1% haha.

I would just go for ally. It's totally free. they do a HP for checking I believe, but soft (and possibly chex) for savings/cd/MMA.

Re: Best high yield savings?

Uborrow-Upay — Wed, 10 Oct 2012 19:35:16 GMT

Ally is good.

You might want to try Amex, too, if you have a relationship with them. 0.90% isn't the best, but no minimums, etc.

Re: Best high yield savings?

Dustink — Thu, 11 Oct 2012 02:31:22 GMT

Uborrow-Upay wrote:
Ally is good.

You might want to try Amex, too, if you have a relationship with them. 0.90% isn't the best, but no minimums, etc.

I was also looking into amex. I have a CC with them, so it might be an option. I wonder if they favor customers with accounts for things like CLI's.

Re: Best high yield savings?

Uborrow-Upay — Thu, 11 Oct 2012 03:40:43 GMT

Possibly, Dustink.

I have the sneaking feeling that they (Amex) might feel more comfortable in knowing that they can whack the savings account if you go bad on the credit account....just like BOA (and a few others...ya gotta read the small print).

Re: Best high yield savings?

Dustink — Thu, 11 Oct 2012 04:42:58 GMT

Uborrow-Upay wrote:
Possibly, Dustink.

I have the sneaking feeling that they (Amex) might feel more comfortable in knowing that they can whack the savings account if you go bad on the credit account....just like BOA (and a few others...ya gotta read the small print).

I would understand if that happened. Although, I think I would drain my savings before defaulting on a credit card. I never make purchases that I don't already have cash to cover. I have seen too many people screw up their credit.

Re: Best high yield savings?

jsucool76 — Thu, 11 Oct 2012 23:22:01 GMT

Dustink wrote:
Uborrow-Upay wrote:
Possibly, Dustink.

I have the sneaking feeling that they (Amex) might feel more comfortable in knowing that they can whack the savings account if you go bad on the credit account....just like BOA (and a few others...ya gotta read the small print).

I would understand if that happened. Although, I think I would drain my savings before defaulting on a credit card. I never make purchases that I don't already have cash to cover. I have seen too many people screw up their credit.

AFAIK they don't take your deposit accounts into account when doing UW for a card. The amex deposit accounts are American Express FSB, the cards are American Express Centurion Bank which operate as two seperate entities, unlike banks like Chase, BoA, WF that do everything together.

Re: Best high yield savings?

kimmiller112 — Sat, 13 Oct 2012 02:55:10 GMT

I have an online savings account with Barclays at 1%. No fees and I don't think they a minimum deposit.

Re: Best high yield savings?

Dustink — Sat, 13 Oct 2012 18:20:09 GMT

kimmiller112 wrote:
I have an online savings account with Barclays at 1%. No fees and I don't think they a minimum deposit.

Do you have a link.

Re: Best high yield savings?

jsucool76 — Sat, 13 Oct 2012 18:22:01 GMT

Dustink wrote:
kimmiller112 wrote:
I have an online savings account with Barclays at 1%. No fees and I don't think they a minimum deposit.
Do you have a link.

https://www.banking.barclaysus.com/index.html?refid=BBDGLPSBRAG0512&mkwid=seNsjFbjF&pcrid=13551562473&pmt=p&pkw=barclays