@goldsheet Yes I saw that but pretty moot if the rate goes to 0.10%. I assume only one account per person.

I went and signed up yesterday. Already have external accounts set up today, so they are fast. Will see how long that rate lasts.

"Who is ZYNLO?
We’re an online bank created to provide people with flexibility in their banking. Funds are held by our parent company, PeoplesBank. Unlike many other online institutions, deposits with us are 100% insured – in other words there is no maximum amount of coverage."

So are they FDIC insured, and if so, how are deposits over $250,000 fully insured?