Best Nationally Available High APY Liquid Accounts



  • They credited it manually for me. Annoying that this had to be done.

    They credited it manually for me. Annoying that this had to be done.


  • 500 Club

    Thinking about doing the following from Capital One. 90 days for $450.

    Earn a $450 bonus when you deposit $50,000 or more into your 360 Money Market® account from another bank by May 22, 2019, or earn $150 when you deposit $20,000-$49,999.99. The clock’s ticking—make the most of the limited time offer.

    Must keep funds on deposit until Aug. 20, 2019.

    Link

    Thinking about doing the following from Capital One. 90 days for $450.

    Earn a $450 bonus when you deposit $50,000 or more into your 360 Money Market® account from another bank by May 22, 2019, or earn $150 when you deposit $20,000-$49,999.99. The clock’s ticking—make the most of the limited time offer.

    Must keep funds on deposit until Aug. 20, 2019.

    Link


  • 500 Club

    Seems like a good deal if my math is correct. Could transfer $50K from a 2.50% account and only lose $60 interest over the 3 months. Just don’t think I could transfer in time by ACH.

    Seems like a good deal if my math is correct. Could transfer $50K from a 2.50% account and only lose $60 interest over the 3 months. Just don’t think I could transfer in time by ACH.


  • 500 Club

    @atikovi why couldn’t you transfer in time by ACH? I’d think if you initiate the transfer on the Capital One end then they know that the money is coming.

    @atikovi why couldn’t you transfer in time by ACH? I’d think if you initiate the transfer on the Capital One end then they know that the money is coming.


  • 500 Club

    I think Capital One has a $5,000 ACH limit and I don’t have the bank I’d get the money from linked. I do have checks from my Northern Bank MMA I could take in to a branch if they can deposit it that way.

    I think Capital One has a $5,000 ACH limit and I don’t have the bank I’d get the money from linked. I do have checks from my Northern Bank MMA I could take in to a branch if they can deposit it that way.


  • 500 Club

    Thanks for the information. So they’re promoting a transfer that’s higher than ACH limit. So the only way to do this is B&M. Can’t even do the lesser amount by ACH since you need 4 days to transfer $5K/day.

    Thanks for the information. So they’re promoting a transfer that’s higher than ACH limit. So the only way to do this is B&M. Can’t even do the lesser amount by ACH since you need 4 days to transfer $5K/day.


  • 500 Club

    @my4mainecoons said in Best Nationally Available High APY Liquid Accounts:

    Thanks for the information. So they’re promoting a transfer that’s higher than ACH limit.

    I don’t know. Maybe for a one-time transfer they waive that. Just haven’t tried it since I don’t have an ACH linked account. I do have a branch 1/2 mile from home.

    @my4mainecoons said in Best Nationally Available High APY Liquid Accounts:

    Thanks for the information. So they’re promoting a transfer that’s higher than ACH limit.

    I don’t know. Maybe for a one-time transfer they waive that. Just haven’t tried it since I don’t have an ACH linked account. I do have a branch 1/2 mile from home.


  • 500 Club

    I just transferred $20K from ACH linked account.

    I just transferred $20K from ACH linked account.


  • 500 Club

    Went into a branch with a check from another bank to deposit into my 360 account. Asked a manager if I’ll get the bonus. Wasn’t really sure. Asked if I had some promo code or something. Made the deposit and made a copy of the offer in the link if 3 months later they deny everything. It does say, This bonus offer is meant only for the original recipient. Please don’t share it. So we’ll see.

    Went into a branch with a check from another bank to deposit into my 360 account. Asked a manager if I’ll get the bonus. Wasn’t really sure. Asked if I had some promo code or something. Made the deposit and made a copy of the offer in the link if 3 months later they deny everything. It does say, This bonus offer is meant only for the original recipient. Please don’t share it. So we’ll see.



  • Effective 6/21/19, the interest rate on the Redneck Mega MM and All America Bank will go down to 2.4% APY.

    Effective 6/21/19, the interest rate on the Redneck Mega MM and All America Bank will go down to 2.4% APY.





  • Regarding Wealthfront… according to their website, they are planning on keeping their rate competitive…I just opened with them…it’s a rather interesting setup and different then conventional accounts…I like what i am seeing so far… 🙂

    My favorite features are: you can transfer up to $250,000 per day in or out…Although it’s called a Savings Account, you don’t have the “6 per month limit” The 1 million FDIC Insurance Coverage (because they sweep the money into 4 fdic banks)…and plan on adding debit cards, checks, bill
    pay, mobile check deposits in the near future…And the high rate of course…LOL

    Up to 3 external bank accounts can be linked to it…They are actually a brokerage firm…not a bank…however, they use 4 actual FDIC Banks for this interesting set-up… 🙂

    Regarding Wealthfront… according to their website, they are planning on keeping their rate competitive…I just opened with them…it’s a rather interesting setup and different then conventional accounts…I like what i am seeing so far… 🙂

    My favorite features are: you can transfer up to $250,000 per day in or out…Although it’s called a Savings Account, you don’t have the “6 per month limit” The 1 million FDIC Insurance Coverage (because they sweep the money into 4 fdic banks)…and plan on adding debit cards, checks, bill
    pay, mobile check deposits in the near future…And the high rate of course…LOL

    Up to 3 external bank accounts can be linked to it…They are actually a brokerage firm…not a bank…however, they use 4 actual FDIC Banks for this interesting set-up… 🙂



  • WealthFront has not been added to the list.
    I hope this help some of you all make a decision.
    I am thinking in tranfering all my savings there now.
    I am currently with a local bank from Boston area.
    https://www.wealthfront.com/cash

    WealthFront has not been added to the list.
    I hope this help some of you all make a decision.
    I am thinking in tranfering all my savings there now.
    I am currently with a local bank from Boston area.
    https://www.wealthfront.com/cash


  • 500 Club

    @craig10x said in Best Nationally Available High APY Liquid Accounts:

    Regarding Wealthfront… according to their website, they are planning on keeping their rate competitive…I just opened with them…it’s a rather interesting setup and different then conventional accounts…I like what i am seeing so far… 🙂

    My favorite features are: you can transfer up to $250,000 per day in or out…Although it’s called a Savings Account, you don’t have the “6 per month limit” The 1 million FDIC Insurance Coverage (because they sweep the money into 4 fdic banks)…and plan on adding debit cards, checks, bill
    pay, mobile check deposits in the near future…And the high rate of course…LOL

    Up to 3 external bank accounts can be linked to it…They are actually a brokerage firm…not a bank…however, they use 4 actual FDIC Banks for this interesting set-up… 🙂

    did you get a sign up bonus of any kind?

    @craig10x said in Best Nationally Available High APY Liquid Accounts:

    Regarding Wealthfront… according to their website, they are planning on keeping their rate competitive…I just opened with them…it’s a rather interesting setup and different then conventional accounts…I like what i am seeing so far… 🙂

    My favorite features are: you can transfer up to $250,000 per day in or out…Although it’s called a Savings Account, you don’t have the “6 per month limit” The 1 million FDIC Insurance Coverage (because they sweep the money into 4 fdic banks)…and plan on adding debit cards, checks, bill
    pay, mobile check deposits in the near future…And the high rate of course…LOL

    Up to 3 external bank accounts can be linked to it…They are actually a brokerage firm…not a bank…however, they use 4 actual FDIC Banks for this interesting set-up… 🙂

    did you get a sign up bonus of any kind?



  • @my4mainecoons

    No sign up bonus…only opened the Cash Account not their Brokerage Account (Investment side)…

    Heck…2.51% apy and 1 million fdic coverage…what more could you ask for? (lol) 😉

    @my4mainecoons

    No sign up bonus…only opened the Cash Account not their Brokerage Account (Investment side)…

    Heck…2.51% apy and 1 million fdic coverage…what more could you ask for? (lol) 😉


  • 500 Club

    Some of the fine print seems a bit sketchy,

    Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor its affiliates is a bank. The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the program banks. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. Wealthfront Brokerage uses more than one program bank to ensure FDIC coverage of up to $1 million for your cash deposits. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the program banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at program banks are not covered by SIPC.

    They aren’t a bank but take your money and put it into “program banks”? What happens if these banks fail? Does FDIC cover you or only Wealthfront? Quite a few banks already offer 2.50% savings, I don’t see any advantages here.

    Some of the fine print seems a bit sketchy,

    Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor its affiliates is a bank. The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the program banks. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. Wealthfront Brokerage uses more than one program bank to ensure FDIC coverage of up to $1 million for your cash deposits. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the program banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at program banks are not covered by SIPC.

    They aren’t a bank but take your money and put it into “program banks”? What happens if these banks fail? Does FDIC cover you or only Wealthfront? Quite a few banks already offer 2.50% savings, I don’t see any advantages here.



  • @atikovi
    The program banks are covered by the fdic…therefore you are covered by the fdic…that’s how it works with sweep banks…and the banks they use are large institutions like Citibank, for example…There is such a thing as being over cautious…but up to you…i feel my money is perfectly safe there…

    People buy Brokered Cds in their Brokerage Accounts all the time, it essentially works the same way…Only in this case the cash is going into savings accounts instead of cds…

    @atikovi
    The program banks are covered by the fdic…therefore you are covered by the fdic…that’s how it works with sweep banks…and the banks they use are large institutions like Citibank, for example…There is such a thing as being over cautious…but up to you…i feel my money is perfectly safe there…

    People buy Brokered Cds in their Brokerage Accounts all the time, it essentially works the same way…Only in this case the cash is going into savings accounts instead of cds…


  • 500 Club

    @craig10x said in Best Nationally Available High APY Liquid Accounts:

    @atikovi
    The program banks are covered by the fdic…therefore you are covered by the fdic…that’s how it works with sweep banks…

    Not sure what they mean by sweep but ok. And FDIC insurance is not provided until the funds arrive at the program banks. So what happens in the interim?

    @craig10x said in Best Nationally Available High APY Liquid Accounts:

    @atikovi
    The program banks are covered by the fdic…therefore you are covered by the fdic…that’s how it works with sweep banks…

    Not sure what they mean by sweep but ok. And FDIC insurance is not provided until the funds arrive at the program banks. So what happens in the interim?



  • @atikovi
    It’s covered by SIPC until is arrives at the participating banks…Once arriving in the participating banks, the FDIC insurance side takes over…

    Sounds safe enough to me…

    @atikovi
    It’s covered by SIPC until is arrives at the participating banks…Once arriving in the participating banks, the FDIC insurance side takes over…

    Sounds safe enough to me…


  • Global Moderator

    @atikovi said in Best Nationally Available High APY Liquid Accounts:

    Some of the fine print seems a bit sketchy,

    Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor its affiliates is a bank. The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the program banks. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. Wealthfront Brokerage uses more than one program bank to ensure FDIC coverage of up to $1 million for your cash deposits. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the program banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at program banks are not covered by SIPC.

    They aren’t a bank but take your money and put it into “program banks”? What happens if these banks fail? Does FDIC cover you or only Wealthfront? Quite a few banks already offer 2.50% savings, I don’t see any advantages here.

    The one thing to pay attention to is what the “program banks” are and if you already have money with them. For example, if they sweep 250k into Citi but you already have a Citi account with 50k in it, you have 300k at Citi but only 250k is FDIC insured.

    @atikovi said in Best Nationally Available High APY Liquid Accounts:

    Some of the fine print seems a bit sketchy,

    Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor its affiliates is a bank. The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the program banks. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. Wealthfront Brokerage uses more than one program bank to ensure FDIC coverage of up to $1 million for your cash deposits. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the program banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at program banks are not covered by SIPC.

    They aren’t a bank but take your money and put it into “program banks”? What happens if these banks fail? Does FDIC cover you or only Wealthfront? Quite a few banks already offer 2.50% savings, I don’t see any advantages here.

    The one thing to pay attention to is what the “program banks” are and if you already have money with them. For example, if they sweep 250k into Citi but you already have a Citi account with 50k in it, you have 300k at Citi but only 250k is FDIC insured.



  • @jtownsucks46
    Very Good Point! The only one in their “program group” that i do have funds with is Citibank where i have about $2000 in checking and $50,000 in a CD…However, i will be closing all that out in August when the CD matures…I recently switched my local banking over to Wells Fargo, so i wouldn’t be needing them anymore, anyway…

    But that is definitely something one does need to be aware of with this type of account…

    @jtownsucks46
    Very Good Point! The only one in their “program group” that i do have funds with is Citibank where i have about $2000 in checking and $50,000 in a CD…However, i will be closing all that out in August when the CD matures…I recently switched my local banking over to Wells Fargo, so i wouldn’t be needing them anymore, anyway…

    But that is definitely something one does need to be aware of with this type of account…




  • Global Moderator

    @goldsheet Thanks; table updated.

    @goldsheet Thanks; table updated.


  • Global Moderator

    Northern Bank Direct back has reintroduced their Money Market account. 2.5% interest rate with rate guarantee through December 2019.

    https://www.northernbankdirect.com/money-market

    Northern Bank Direct back has reintroduced their Money Market account. 2.5% interest rate with rate guarantee through December 2019.

    https://www.northernbankdirect.com/money-market


  • 500 Club

    Ally lowered the rate to 2.10%

    Ally lowered the rate to 2.10%



  • Personal Capital is at 2.30%APY
    Can this be add to the list?
    https://www.personalcapital.com/cash

    Personal Capital is at 2.30%APY
    Can this be add to the list?
    https://www.personalcapital.com/cash


  • Global Moderator

    @sacarface Yes added Personal Capital as well as Wealthfront which is similar but higher interest rate.

    @sacarface Yes added Personal Capital as well as Wealthfront which is similar but higher interest rate.



  • Wealthfront raised their high yield cash account from 2.51% APY to 2.57% APY.

    Wealthfront raised their high yield cash account from 2.51% APY to 2.57% APY.


  • 500 Club

    Marcus by Goldman Sachs is dropping to 2.15% tomorrow.

    Marcus by Goldman Sachs is dropping to 2.15% tomorrow.


  • Global Moderator

    CIT Savings Builder dropped again, now down to 2.3%

    CIT Savings Builder dropped again, now down to 2.3%



  • Northpointe Bank up to 2.55%
    https://www.northpointe.com/earn255/

    Northpointe Bank up to 2.55%
    https://www.northpointe.com/earn255/



  • EDITED POST: Promotion expired .
    New BONUS Offer from Marcus
    Marcus high-yield Online Savings Account.
    Enroll in this offer by 11:59 pm ET on 7/29/19.

    EDITED POST: Promotion expired .
    New BONUS Offer from Marcus
    Marcus high-yield Online Savings Account.
    Enroll in this offer by 11:59 pm ET on 7/29/19.



  • @turtlebug I love this account. I hope it only increases soon.

    @turtlebug I love this account. I hope it only increases soon.



  • EDITED POST: Promotion expired .
    Open a new SIMPLE Protected Goals Account by 7/31/19 4:59 PM PT.

    EDITED POST: Promotion expired .
    Open a new SIMPLE Protected Goals Account by 7/31/19 4:59 PM PT.



  • Popular Direct Ultimate Savings Account
    2.55% APY $5,000 minimum deposit
    https://www.populardirect.com/products/savings/popular-direct-ultimate-savings

    Popular Direct Ultimate Savings Account
    2.55% APY $5,000 minimum deposit
    https://www.populardirect.com/products/savings/popular-direct-ultimate-savings



  • Wealthfront just lowered the APY.
    From 2.57% to 2.32%

    Wealthfront just lowered the APY.
    From 2.57% to 2.32%



  • Just received an email from Ally:
    Starting 08/06/2019, your Online Savings Account will earn 1.90% Annual Percentage Yield (APY) on all balance tiers.
    Looks like it’s down from 2.10 APY

    Just received an email from Ally:
    Starting 08/06/2019, your Online Savings Account will earn 1.90% Annual Percentage Yield (APY) on all balance tiers.
    Looks like it’s down from 2.10 APY



  • Salem Five eOne Savings down to 2.35% (was 2.51%)
    Result: Down from #3 on list to about #19

    Salem Five eOne Savings down to 2.35% (was 2.51%)
    Result: Down from #3 on list to about #19



  • The Investor’s Bank eAccess Money Market just dropped again…to 2.30%.

    The Investor’s Bank eAccess Money Market just dropped again…to 2.30%.


  • 500 Club

    Pure Point savings down to 2.00%

    Pure Point savings down to 2.00%



  • Another online high-yield savings account.
    2.46% APY Only $25 to open. No monthly fee
    https://www.briodirectbanking.com/high-yield-savings/

    Another online high-yield savings account.
    2.46% APY Only $25 to open. No monthly fee
    https://www.briodirectbanking.com/high-yield-savings/



  • Salem Five eOne Savings down to 2.20% (was 2.35%)
    https://www.salemfivedirect.com/

    Also, no longer $3 fee per ACH transfer

    Salem Five eOne Savings down to 2.20% (was 2.35%)
    https://www.salemfivedirect.com/

    Also, no longer $3 fee per ACH transfer



  • UFB Premium Money Market down to 2.15% (was 2.25%)
    UFB High Yield Savings down to 2.15% (was 2.25%)

    UFB Premium Money Market down to 2.15% (was 2.25%)
    UFB High Yield Savings down to 2.15% (was 2.25%)



  • Marcus by Goldman Sachs 2.00% (was 2.15%)

    Marcus by Goldman Sachs 2.00% (was 2.15%)



  • Northern Bank Direct Monty Market is no longer open to new accounts as of 8/27/19

    Northern Bank Direct Monty Market is no longer open to new accounts as of 8/27/19



  • Here’s something completely different - FitnessBank
    Your rate is based upon the number of daily steps in your fitness tracker.
    3.00% APY 2.96% APR​ 12,500+ STEPS
    2.50% APY 2.47% APR 10,000-12,499 STEPS
    1.75% APY 1.74% APR 7,500-9,999 STEPS
    https://www.fitnessbank.fit/

    Here’s something completely different - FitnessBank
    Your rate is based upon the number of daily steps in your fitness tracker.
    3.00% APY 2.96% APR​ 12,500+ STEPS
    2.50% APY 2.47% APR 10,000-12,499 STEPS
    1.75% APY 1.74% APR 7,500-9,999 STEPS
    https://www.fitnessbank.fit/


  • 500 Club

    @goldsheet said in Best Nationally Available High APY Liquid Accounts:

    Here’s something completely different - FitnessBank
    Your rate is based upon the number of daily steps in your fitness tracker.
    3.00% APY 2.96% APR​ 12,500+ STEPS
    2.50% APY 2.47% APR 10,000-12,499 STEPS
    1.75% APY 1.74% APR 7,500-9,999 STEPS
    https://www.fitnessbank.fit/

    Can I put that thing on my neighbour’s dog?

    @goldsheet said in Best Nationally Available High APY Liquid Accounts:

    Here’s something completely different - FitnessBank
    Your rate is based upon the number of daily steps in your fitness tracker.
    3.00% APY 2.96% APR​ 12,500+ STEPS
    2.50% APY 2.47% APR 10,000-12,499 STEPS
    1.75% APY 1.74% APR 7,500-9,999 STEPS
    https://www.fitnessbank.fit/

    Can I put that thing on my neighbour’s dog?


  • 500 Club

    @goldsheet said in Best Nationally Available High APY Liquid Accounts:

    Your rate is based upon the number of daily steps in your fitness tracker.

    https://www.youtube.com/watch?v=PnTXqqCVaSI

    @goldsheet said in Best Nationally Available High APY Liquid Accounts:

    Your rate is based upon the number of daily steps in your fitness tracker.

    https://www.youtube.com/watch?v=PnTXqqCVaSI


  • Global Moderator

    Thanks everyone for the recent rate updates. Table has been updated.

    Thanks everyone for the recent rate updates. Table has been updated.



  • Synchrony Bank HYS 2.00% (was 2.15%)
    Barclays 2.00% (was 2.10%)
    Discover AAII 1.95% (was 2.05%)
    Discover OSA 1.90% (was 2.00%)
    Self Help CU 1.58% (was 1.69%)

    CIT Money Market Account seems to be unavailable.

    P.S. Went through entire list to check all rates.

    Synchrony Bank HYS 2.00% (was 2.15%)
    Barclays 2.00% (was 2.10%)
    Discover AAII 1.95% (was 2.05%)
    Discover OSA 1.90% (was 2.00%)
    Self Help CU 1.58% (was 1.69%)

    CIT Money Market Account seems to be unavailable.

    P.S. Went through entire list to check all rates.


 

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