Recommend a High Yield Savings Account

[Anonymous]

I have not opened a savings account yet. I realize that I am keeping too much in my checking account with US Bank, and would like to go search for a decent bank to save with.

I am leaning towards Discover with their 2.05% APY savings account, but I would like to hear any recommendations from forum members.

Thank you for your help

[Anonymous]

I have a few different accounts, but I use Ally as my main one. I really like them. I also just opened SoFi money and have liked them so far. I've heard good things about Discover as well. Are there any specific factors you're looking for in a savings account?

[Fico82]

I have discover , has worked out great no issues at all.
I hear wealthfront has the highest @ 2.57.

[M_Smart007]

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@Anonymous wrote:

I have not opened a savings account yet. I realize that I am keeping too much in my checking account with US Bank, and would like to go search for a decent bank to save with.

I am leaning towards Discover with their 2.05% APY savings account, but I would like to hear any recommendations from forum members.

Thank you for your help

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on doing a quick scan, look like one poster is getting a bout 2.5%

i dont see anything much higher?, againg just a quick scan.

https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/

[pinkandgrey]

I have Disco, and it’s great. There’s also the Amex Savings which has a similar rate. However, that one doesn’t have all the electronic conveniences that the Disco has. Citi has a 2.36 account depending on your location. Ally is another option that lots of people seem to love. There are a lot of choices honestly. The only one with which I have personal experience is Discover.

[Anonymous]

Thanks for all of the contributions.
I decided on Wealthfront as it had the highest APY and good reviews.

[creditfan]

https://www.sofi.com/money/

they have referral going on

head over doctorofcredit to get one

[Anonymous]

I am in the process of opening a Wealthfront account ATM.
I considered SoFi for checking, but I do have to deposit cash more than a few times a month. That would make it difficult.

[Green456]

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@Anonymous wrote:
Thanks for all of the contributions.
I decided on Wealthfront as it had the highest APY and good reviews.

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Keep in mind that Wealthfront is the middle men for FDIC insurance. Personally not worth the risk for me.

[Anonymous]

Ally is currently at 2.1% APY and if you do 10 debit transactions (I just use google pay to transfer my money to myself for debit goals), Redneck Bank's reward checking gives 3.0% APY.