Posts made by goldsheet

@mtnagel
Agree with jtownsucks46, get Primis checking 4.77%, and request free checks
Supplement with a savings account, like CFG @ 5.02%, so far = good
Just opened Newtek @ 5.00%, onboarding was easy, but too soon to evaluate.
Don’t really care for or have custodial accounts via savebetter

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:
RE: New 5% account from Newtek Bank
In the FAQ it says "Withdrawals from your account can only be transferred to the original external funding source."
Just makes me wonder how many external accounts one can link and how they would keep track of where funds came from.

Republic Bank was 4.60%, now 4.63% (silly tiny increase)
(Nationally available except IL, IN, MI, and WI)

Vio was 4.50%, now 4.55%

Ivy Bank Indexed Savings (not available in CA) was 4.75%, now DOWN to 4.32%

Note: Salem Five is one of several banks where you have to call to get higher rate, not automatic,

One-Month Treasury Par Yield.
https://home.treasury.gov/policy-issues/financing-the-government/interest-rate-statistics

Mission Valley Bank Savings was 4.71%, now 4.80%

Patriot Bank MM was 4.60%, now 4.75%
Popular Direct High Rise Savings was 4.40%, now 4.45%
Quontic High Yield Savings was 3.70%, now 4.05%
ConnectOneBank Online Savings was 3.09%. now 4.00%

Northern Bank Direct was 4.35% now 4.75%

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.

Already had an account.
Also, financial institutions are not required to give you a reason.
They just refer you to ChexSystems or EWS, Reports you should order.
ChexSystems: https://www.chexsystems.com/request-reports/consumer-disclosure
EWS: https://www.earlywarning.com/consumer-information

Should also get all your credit reports
https://www.annualcreditreport.com/index.action
Experian: https://www.experian.com
Equifax: https://www.equifax.com
Transunion: https://www.transunion.com
LexisNexus: https://consumer.risk.lexisnexis.com

Also free sites:
Credit Karma: https://www.creditkarma.com
Credit Sesame: https://www.creditsesame.com

@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%

Don’t think it was only list but another fintech - Enzo was 4.27%, now dead/closed

Redneck and All America was 4.25%, now 4.55% (up to $75,000)
Vio Cornerstone was 4.40%, now 4.50%

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

Discover AAII was 3.55%% now 3.65%
Discover was 3.50% now 3.60%
Bask was 4.35% now 4.45%

CFG was 4.70%, now 4.80%
American Express was 3.50%, now 3.75%

UFB Preferred Savings and Money Market was 4.55%, now 5.02%
CFG was 4.55%, now 4.70%
Bask was 4.25%, now 4.35%

Another via Savebetter Platform
CloudBank 24/7 Savings 4.48% APY
https://www.savebetter.com/banks/cloudbank-24-7/high-yield-savings-account

FYI only: Wells Fargo $525 Savings Bonus With $25,000 Deposit (In-Branch)

$525 on $25k is 2.1% If you hold from account opening until bonus payment (120 days) it’s only about 6%. APY

If you wait almost until the 30-day requirement to fund and you close promptly you can get the holding period down to maybe 70 days which makes it close to 11% APY

https://bonusoffer.wf.com/savingsbonus

@c3 Neither Ally accounts are competitive.
I just went for the savings ($500) and brokerage ($100) bonuses

ALLY Online Savings Account rate is increasing from 3.40% to 3.60%
( goes into effect on 3/10/2023 )

CFG Bank has put their rate back to 4.55% after a brief drop to 4.45%

@atikovi Suprised U.S. Bancorp didn’t do it sooner (acquired MUFG 12/1/22)

Adda Bank saving was 4.25%, now 4.45% (via Savebetter platform)
https://www.savebetter.com/banks/adda-bank

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

Thanks; will update. $2,500 max each transfer up to 10 a month but total amount limited to $10,000 total a month is garbage IMO.

Agree, $10k > $0, but still almost useless.

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

@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?

I would prefer not to do it.
If I did it a few times it would be acceptable (use),
but rather not move in/out too frequently (abuse)
Just my opinion.

@atikovi
Usually not a problem, but I’m trying to move money from Salem Five (5k/20k limits) to Republic Bank Chicago (2.5k/10k limits) so push or pull is no good.
One alternative is the pull money from Salem Five using Bask (no limits), then push into Republic. Hate to use/abuse Bask doing that.,

RE: Republic Bank Digital Money Market
"Bank does not offer ACH service so funds must be ACH pushed from another bank, wired, or mailed in via check"
I called them and was able to activate external transfers, add and verify external accounts, but have not made a transfer yet.
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.

UPDATE: The monthly maximum is 10 total external transfers, not to exceed the aggregate monthly total of $10,000.00. The individual transfer limit is $2,500.00 per transaction.
REFERENCE: https://republicebank.com/personal/online-banking-disclosure/#:~:text=The individual transfer limit is %242%2C500.00 per transaction.

Western Alliance Bank WAS 4.35%, NOW 4.45% (Savebetter custodial)

Ivy Bank Indexed Savings was 4.71%, appears to be no longer available (to new customers)

Republic Bank Chicago was 4.47%, now 4.53%
All states except IL, IN, MI, and WI

Vanguard Cash Plus was 3.90%, now 4.10%

Juno Finance
Was: 5% on the first $25,000, then 3% up to $250,000
Now:: 5% on the first $25,000, then 4% up to $250,000.

@craig10x
Used chat, was in queue for 2 hours with these results (my info edited out):
[07:06:17pm] Checks are not automatically ordered. They would need to be requested after the account is established
[07:10:37pm] Thank you! I can order the checks for you. Can you please let me know if you want singles or duplicates and then can you verify the mailing address.
[07:13:07pm] Wonderful! I’ll get them ordered for you. They will take up to 2 weeks to receive.

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

On topic of Primis
Onboarding was easy, quickly approved, funded, and linked several external accounts.
Only issue is username and password work on the website but not in the app.

ISSUE RESOLVED
There are several Primis apps in Google Play store
WRONG ONE: Primus Personal Banking
CORRECT ONE: Primus Mobile Banking App

Ally Bank 3.30% to 3.40%

On topic of Primis
Onboarding was easy, quickly approved, funded, and linked several external accounts.
Only issue is username and password work on the website but not in the app.

Your mention of a 50 cent debit card rebate reminded me of Fidelity Bloom
Somewhat off topic (delete if so) but here’s the deal.
Open and deposit $25, get $50 bonus
Deposit $300 into Save, get 10% = $30
Then for a limited time they give you $1 per debit transaction > $10
Have to open via app. but then shows up with your other Fidelity accounts online.
All funds sit in SPAXX, with a current rate of 3.85%
https://www.fidelity.com/mobile/bloom

CFG was 4.25%, now 4.30%
Popular Direct was 4.16%, now 4.26%
First Foundation was 4.00% now 4.20%

@turtlebug Good find
https://www.signaturefcu.org/Products/Rates/Share.aspx

CIBC was 3.62% ,now 3.77%

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

Check back tomorrow and it should be 4.21%. If not, just call into customer service and they will adjust your rate.

Yes, played the “rate game” many times with UFB
Just wanted to inform it wasn’t instantaneous.
It shows as 4.21% today

UFB Best Savings was 4.11%, now 4.21%
(but my account still shows 4.11%)

deleted

Republic Bank Chicago was 4.25%, now 4.28%
All states except IL, IN, MI, and WI.

State Exchange Bank (savebetter) was 4.00% now 4.20%

@c3 I too pulled all my money from SoFi after $1000 bonus was paid.
I was able to use Astra to make a “direct deposit” so I received a decent rate
(as opposed to 1.20% without direct deposit)

Pulling money from Ally after their $500 bonus is next on my to-do-list

Juno Finance: Earn 5% on up to $25,000 (was $10,000)
https://juno.finance/

Ally doesn’t have the highest rates but I thought I’d share this from an email that shows how much rates of increased this year.

"Fun fact: In 2022 our Online Savings Account rate increased 18 times, from 0.50% APY to 3.30% APY. "

Live Oak was 3.10%, now 3.50%

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

My Banking Direct Savings was 3.55% now 4.05%

Three posts back up