Posts made by atikovi

As of July 10, 2023, the annual percentage yield (APY) on your CIBC Agility™ Online Savings Account increased to 4.67% APY.

Western State Bank MMA raised their rate to 5.15% APY.

Don’t even see that choice on menu anymore.

Luminary MMA no longer available for new customers. Existing customers keep the current rate at least for the time being.

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

Andrews Federal Credit Union 5.75%
Special Limited-Time Only Online Savings Account
Now open to new accounts through December 31, 2023.
Compliments the base share savings account as an additional account.
Dividends are credited and compounded monthly.
If the average daily balance of the account exceeds $1,000
https://www.andrewsfcu.org/Learn/Resources/Rates/Savings-Rates

$5 to open base share savings account
Easy membership via American Consumer Council (join for $8)
https://www.americanconsumercouncil.org/

You did read where it says balances over $1,000 will earn 0.05%. Pretty worthless account I’d think.

Dividend Rate Tiers Dividend Rate Annual Percentage Yield (APY)
$.01 - 1,000.00 5.630% 5.75%
$1,000.01 and greater 0.050% 0.05%

My Banking Direct

Your High Yield Savings Account increased to 5.00% APY.

@bob-black said in Some of the quickest online ACH transfers I've seen:

cryptocurrency transfers are generally more secure and transparent than ACH transfers. Because cryptocurrency transactions are recorded on a public blockchain ledger, there is a clear record of all transactions, which makes it more difficult for fraudsters to carry out fraudulent activities.

Say what? I thought CC is favored for being untraceable and anonymous transactions favored by drug dealers and tax evaders.

High Yield Money Market Account at Western State Bank. Effective April 4, 2023, your High Yield Money Market Account will earn 4.55% APY.*

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

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

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

Ivy Bank High Yield Savings was 4.25% now 4.50%

Which is different from their Indexed savings account paying 4.75%, right?

Correct; I believe we’ll see an update on the Indexed account on the first of the month.

So what’s the difference between the two? The savings account can change rates any time. The indexed account, just at the beginning of the month. Why is this a big deal, or is it?

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

Ivy Bank High Yield Savings was 4.25% now 4.50%

Which is different from their Indexed savings account paying 4.75%, right?

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

@goldsheet

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

NEW #1 Total Direct was 4.44%, now 5.05%
https://www.totaldirectbank.com/personal/money-market-accounts

Did not last long: Total Direct was 5.05%, now DOWN to 4.50%

Good luck opening an account. When they deny you they wont give any reason. Glad they did now.

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

NEW #1 Total Direct was 4.44%, now 5.05%
https://www.totaldirectbank.com/personal/money-market-accounts

**Thank you for applying for an account with us at TotalDirectBank.

We regret to inform you that we cannot approve your new account application.

We are unable to provide additional information.**

WTH? You can’t tell me WHY I wasn’t approved? I have opened half a dozen bank accounts the last 90 days and they didn’t approve me and WONT say why?

First Foundation Bank. We are increasing the rate of your Online Savings account today to 4.50% Annual Percentage Yield (APY).

Lending Club High-Yield Savings account is now earning 4.25%

ZYNLO Money Market Account from 1.25% Annual Percentage Yield (APY) to 4.00% APY.

PurePoint done for.

“We’re reaching out to let you know about important changes to your account(s) and to the PurePoint® Financial organization. After thoughtful review of our business, we’ve made the decision to permanently close PurePoint Financial. This closure is scheduled to occur in late April 2023.”

They have the best ACH transfer limits, $250k per day but worthless interest rates the last few years.

@dangeruss said in Some of the quickest online ACH transfers I've seen:

@atikovi said in Some of the quickest online ACH transfers I've seen:

Between Bask Bank and Elements Financial. It’s almost like same day although I didn’t check last night, the funds are available this morning for a transfer I made yesterday. Most other banks take 3-5 days. Wow.

Chase lets you do instant transfers ($5k/transfer $10k/day) limit I think

$10K isn’t much if you want to move a lot of money, like if another bank raises their rates by 0.50%.

I can add CIBC to this list and that they have a $125K daily $250K monthly transfer limit is a big plus. The money I pulled with CIBC from another bank was in my CIBC account the next day.

MyBanking Direct High Yield Savings going to 4.38%

I don’t have one, so don’t know.

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

Primis Bank Checking and Saving Accounts both dropped from 5.03% to 4.35%

You were one of the first - and you deserve the best.

Thanks for being one of the first customers to take advantage of our Primis Savings. You’re earning the top-notch annual percentage yield (APY) of 5.03% and we’re glad you’re here.

Soon, you may see on our website that our APY is changing to 4.35%. This will not apply to you. As an early adopter of our digital platform, you will continue to earn 5.03% APY. While our rates are always subject to change, we want to currently hold your rate at the highest level possible.

Congratulations on being a banking trailblazer. Our goal is to continue to impress you and create a long-standing relationship.

Thank you,
Your Primis Team

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

One alternative is the pull money from Salem Five using Bask (no limits), then push into Republic. Hate to use/abuse Bask doing that.,

I’ve done that. How is that abuse?

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

Tried to make a $10,000 transfer but "Unable to process request. The transfer amount exceeds
the maximum allowed for external transfers. Please reduce the amount to complete the transfer."
I don’t know the limit, but it’s less than I require.

Many of these banks have a great teaser rate but make accessing your money difficult. $5,000/day $10,000/month ACH transfer limits for one thing. I’m just finding out at Purely Digital bank that they haven’t been processing the trial deposits from the external banks I want to link, so I can’t make any significant withdrawals.

So it was Impossible to keep down, eh? Don’t they use Olestra as a substitute for the fat?

https://thetakeout.com/arbys-new-steakhouse-garlic-ribeye-sandwich-review-2023-1850022194

Where is our resident fast food guinea pig taste tester.

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

Ivy Bank Indexed Savings was 4.71%, appears to be no longer available

To new customers I assume, still shows as 4.71 in my account. They must have gotten enough applicants to drop it from the website. Just hope the rate doesn’t drop March 1st.

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

@craig10x Thanks goldsheet…I got on Chat at 11 PM last night and got someone around 11:30 PM…she ordered the checks for me…you are correct…they are not automatically ordered…

Which bank is this for?

I get notifications when my credit scores goes up or down.

How can you tell? I did get alerts from the credit monitoring services but I also applied at Purely Bank and got a Home Depot card the last few days.

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

Not familiar with this bank and haven’t spent much time looking into them but this may be the first 5%+ liquid account.

https://primisbank.com/primis-savings-accounts/

OK I guess I’m the guinea pig. Just applied and it was the easiest I’ve ever experienced. Apparently the account is open and have linked the funding account immediately. Looks like they even have branches nearby.

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

Brilliant Bank Savings was 4.01% now 4.30%

Do you have to contact them for that 4.30% rate. My account still shows as 3.94%

Bask Bank savings account up to 4.15% APY.

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

MySavingsDirect MySavings Account now at 4.35% APY with $1 minimum initial deposit. Available nationwide.

How much hassle is getting 0.10% more interest over banks with 4.25% APY worth it? I only have one personal checking account with Alliant that pays virtually nothing. I would have to ACH money to that account from one of my external accounts paying 4.00% and wait for it to clear Then transfer from Alliant to MSD and wait another few days to clear. All the while losing a bunch of interest along the way. Why can’t MSD take your funds from savings or MMA accounts? Why must it be a personal checking account? It’s like they are putting up this barrier so people don’t actually open up an account.