Posts made by jtownsucks46

EmigrantDirect Savings was 2.50% now 3.50%
SFGI Direct Savings was 3.26% now 3.51%

Lending Club Savings was 3.60% now 4.00%
US Alliance Financial Savings was 3.25% now 3.50%

Blue Federal Credit Union MM was 4.00% now 4.15%
ETrade Savings was 3.25% now 3.50%
Zions Bank MM was 1.26% now 1.51%
Brio Direct Savings was 3.75 and Brio Direct MM was 0.70% have both been removed from the list as Brio is reportedly no longer offering savings/MM accounts instead focusing on CD’s

Great Lakes CU MM(via savebetter) was 4.10% now 4.20%

CIT Savings Connect was 3.85% now 4.05%
Liberty Savings Bank Savings(via savebetter) was 3.85% now 4.00%
mph bank MM was 3.85%(via savebetter) now 4.15%
Bread Savings was 3.50% now 4.00%

Two new financial institutions with Savings/MM accounts on the savebetter platform:

Western Alliance Bank Savings 4.23%
The Atlantic FCU MM 4.10%

Ivy Bank Indexed Savings was 3.84% now 4.03%
Western Bank MM was 3.50% now 4.25%
Bank Purely Index MM was 3.46% now 3.90%
iGo Banking Index MM was 3.46% now 3.90%
TIAA Bank MM was 3.00% now 3.35%
CommunityWide Hi Rate Monthly was 2.00% now 3.50%
Self Help CU MM was 1.89% now 2.14%

My Banking Direct Savings was 3.55% now 4.05%

Popular Direct Savings was 4.11% now 4.16%

American First CU was 4.00% now 4.15%
Sallie Mae MM was 3.20% now 3.40%
Bank7 Savings was 3.00% now 3.30%
Virtual Bank MM was 2.84% now 3.30%
National Cooperative Bank MM was 1.16% now 1.66%

The State Exchange Bank(via SaveBetter) was 3.60% now 4.00%
BankPurely MM was 3.50% now 3.00%
CIBC Savings was 3.37% now 3.62%
PrimeAlliance Savings was 3.25% now 3.65%
First Internet Bank Savings was 3.04% now 3.35%
American Express Savings was 3.00% now 3.30%

Alliant CU Savings was 2.60% now 2.70%

Discover AAII Savings was 3.05% now 3.35%
Discover Savings was 3.00% now 3.30%
Marcus by GS Savings was 3.00% now 3.30%
PenFed CU Savings was 2.00% now 2.30%

Republic Bank Digital MM was 4.00% now 4.25%

Popular Direct Savings was 4.01% now 4.11%
Ivy Bank Savings was 3.90% now 4.05%
Personal Capital Cash Management was 3.35% now 3.85%
ConnectOneBank Savings was 3.25% now 3.90%
Quontic Bank Savings was 3.20% now 3.50%
Betterment Cash Reserve was 3.20% now 3.75%
SFGI Direct was 3.01% now 3.26%
Colorado Federal Savings Bank was 2.80% now 3.00%

MySavingsDirect Savings was 3.90% now 4.35%
Third Coast Bank Savings(via SaveBetter) was 3.70% now 4.13%
CIT Bank Savings Connect was 3.60% now 3.85%
Ally Bank Savings was 3.00% now 3.30%
Barclays Bank Savings was 3.00% now 3.40%

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

NEW: B1Bank 3.80%
https://www.b1bank.com/onlinesavings

Thanks; added.

Merchant’s Bank MM was 3.82% now 4.08%
My eBanc MM was 2.48% now 2.99%(balances 100k and below)
My eBanc MM was 3.67% now 4.18%(balances above 100k)

Great Lakes CU MM was 4.03% now 4.10%
UFB Direct Savings was 3.91% now 4.11%
UFB Direct MM was 3.91% now 4.11%
Popular Direct Savings was 3.56% now 4.01%
Synchrony Bank Savings was 3.25% now 3.50%
USAlliance Financial Savings was 3.00% now 3.25%
Capital One Savings was 3.00% now 3.30%
Vio Bank Savings was 1.00% now 1.10%

Vio Bank MM was 3.62% now 4.01%

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

NEW: Great Lakes Credit Union Money Market Deposit Account 4.03%
Federally insured by NCUA. No fees. $1 minimum to open.
via SaveBetter platform
https://www.savebetter.com/credit-unions/great-lakes-credit-union/money-market-deposit-account

Thanks; added to list.

Valley Direct Savings was 3.60% now 4.00%
Ivy Bank Savings was 3.50% now 3.90%
Liberty Savings Bank Savings was 3.50% now 3.85%
mph Bank MM was 3.50% now 3.85%
CIBC Savings was 3.27% now 3.37%
Rising Bank Savings was 3.25% now 3.50%

An increase: Citizen’s Savings was 3.00% now 3.75%
A decrease: ConnectOne Bank Savings was 4.00% now 3.25%

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

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

Customers Bank was 3.05%, now 4.05%

From their website, https://www.maxmyinterest.com/learn-more

Max costs 2 basis points (0.02%) per quarter, or $20 per $100,000 held in your savings accounts, subject to a minimum of $12 every 3 months. No other costs or fees.

Basically that means it has an annual charge of .08% with a minimum $48 service fee per year so that 4.05% is more like 3.97%.

There are two accounts - the High Yield Savings and the Max Savings. The High Yield Savings doesn’t have any fee like that and is also at 4.05%.

https://www.customersbank.com/personal-banking/personal-savings/

Blue FCU MM(via SaveBetter) was 3.75% now 4.00%
Lemmata Savings Bank MM(via SaveBetter) was 3.70% now 3.95%
Vio Bank MM was 3.52% now 3.62%
Connect One Bank Savings was 3.25% now 4.00%
My Savings Direct Savings was 1.50% now 3.90%

CFG Bank MM was 3.85% now 4.00%
UFB Direct MM was 3.83% now 3.91%
UFB Direct Savings was 3.83% now 3.91%
Western Bank MM was 3.00% now 3.50%
Alliant CU Savings was 2.50% now 2.60%
Colorado Federal Savings Bank Savings was 2.40% now 2.80%
TIAA Bank MM was 2.25% now 3.00%
Varo Bank Savings was 2.00% now 3.00%
Self Help CU MM was 1.53% now 1.89%

Patriot Bank MM(via SaveBetter) was 3.65% now 4.00%
Blue FCU MM(via SaveBetter) was 3.65% now 3.75%
Bask Bank Savings was 3.60% now 3.85%
American First CU MM(via SaveBetter) was 3.50% now 4.00%
CIT Bank Savings Connect was 3.25% now 3.60%
Sky One FCU MM(via SaveBetter) was 3.25% now 3.75%
Rising Bank Savings was 3.10% now 3.25%
First Internet Bank Money Market Savings was 2.78% now 3.04%
SFGI Direct Savings was 2.51% now 3.01%
Paramount Bank Interest Checking was 2.00% now 3.00%

American First CU MM(via SaveBetter) was 3.50% now 4.00%

FNBO Direct Savings was 2.15% now 3.00%
Quontic Bank Savings was 3.00% now 3.20%
Valley Direct Savings was 3.50% now 3.60%

My Banking Direct Savings was 3.15% now 3.55%

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

@jtownsucks46

Nationally available except IL, IN, MI, and WI
I track Republic Bank Chicago, post it, and
keep it on my list, but yes not “Nationally available”
(I’ll try to note that in future posts)
http://www.rejohnsonjr.com/SAVINGS.HTM

I have it and Brilliant on our list here too but with notations on the states where they’re not available.

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

Republic Bank Chicago was 3.38%, now 4.00%
https://republicebank.com

Nationally available except IL, IN, MI, and WI.

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

@jtownsucks46 I would move a lot of my $$ to Merchants if they were more depositor friendly. There’s no way to make ACH transfers after the first one. You can make a mobile deposit, but you have to write a check to get money out. That’s not what I expect from an online bank. So, sadly for them, my money is going elsewhere.

If you have a hub bank like Alliant CU or Ally, you can use their ACH service to push/pull funds into and out of the account(this is what I do for Merchant’s and most other banks/CU’s I do business with). I typically don’t use a lot of the banks I do business with ACH services because, even when they do offer them, the limits are often way too low for my needs.

American Express Savings was 2.75% now 3.00%
ConnectOne Bank Savings was 2.00% now 3.25%
PenFed Credit Union Savings was 1.70% now 2.00%

NEW: Third Coast Bank Savings(via SaveBetter) 3.70%
NEW: Continental Bank Savings(via SaveBetter) 3.65%

Patriot Bank MM was 3.30% now 3.65%
Idabel National Bank MM was 3.25% now 3.55%
Synchrony Bank Savings was 3.00% now 3.25%

Lematta Savings Bank MM was 3.35% now 3.70%

Bread Savings was 3.00% now 3.50%

mph Bank Savings 3.20% now 3.50%
Lending Club Savings was 3.12% now 3.25%
Liberty Savings Bank Savings was 3.10% now 3.50%
CIBC Bank Savings was 3.03% now 3.27%
Bank Purely MM was 3.01% now 3.50%
iGo Banking MM was 3.01% now 3.50%
Rising Bank Savings was 3.00% now 3.10%
Northpointe Bank Savings was 2.95% now 3.25%
Northpointe Bank MM was 2.95% now 3.25%
Discover AAII Savings was 2.80% now 3.05%
Discover Saings was 2.75% now 3.00%
Prime Alliance Bank Savings was 2.70% now 3.20%
First Internet Bank Savings was 2.53% now 2.78%
American Express Savings was 2.50% now 2.75%
Bank 7 Savings was 2.50% now 3.00%
Virtual Bank MM was 1.00% now 2.84%

Brilliant Bank MM was 3.61% now 4.01%

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

This is PW. Us cheap bastards don’t spend money on wires when ACH is free.

I look at it differently. 250k at 3.70% is roughly $770 interest a month. 250k at 3.82% is roughly $795 interest a month. Wire fee is paid for first month through higher interest rate. Additionally, you may also lose a couple days interest if the ACH service at whatever bank you’re opening an account with only offers 3 day ACH service and unfortunately many banks still only offer 3 day service. At 3.82% on 250k, everyday lost is worth approximately $26. Therefore I don’t lose sleep over a $25 wire fee.

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

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

Yeah that doesn’t bother me. I use Alliant Credit Union as a hub account and they have 1 day ACH service. There’s also typically no hold on funds when you push them so I prefer to push anyway for this reason.

Does Alliant still have a $25K/day limit? That would be annoying to pull $250K from one account to push into Merchants. 20 days total to complete a transfer?

They do. For large sums like 250k, I would just do a wire.

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

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

@goldsheet said in Best Nationally Available High APY Liquid Accounts:
To me Merchant’s Bank is still the golden goose!

If only you could originate ACH transfers, they would be perfect

Yeah that doesn’t bother me. I use Alliant Credit Union as a hub account and they have 1 day ACH service. There’s also typically no hold on funds when you push them so I prefer to push anyway for this reason.

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

UFB at it again with a new
UFB High Rate Savings Account
Balance Tiers APY* Rate
$0 - $9,999.99 0.10% 0.10%
$10,000 - $24,999.99 0.10% 0.10%
$25,000 - $49,999.99 3.71% 3.64%
$50,000 - $99,999.99 3.83% 3.76%
$100,000 or greater 3.83% 3.76%
https://www.ufbdirect.com/Savings/ufb-high-rate-savings

Finally a bank decides to beat Merchant’s Bank of Indiana(just by 0.01%) for the top rate. Too bad they only did it by requiring 50k minimum to get the rate. And that’s assuming you get the 3.83% on the whole balance rather than a blended rate. Not clear from their website. To me Merchant’s Bank is still the golden goose!

Ally Bank Savings was 2.50% going to 2.75% on 11/9/2022

Smarty Pig Savings was 2.60% now 3.10%
Personal Capital Cash was 2.60% now 3.35%
Popular Direct Savings was 2.50% now 3.25%

Betterment Cash Reserve was 2.75% now 3.20%
E Trade Savings was 2.75% now 3.25%

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

@jtownsucks46

Brio Direct High Yield Savings was 2.80% now 3.75%
CFG Bank MM was 3.55% now 3.70%

Brio was stuck at 2.80% for so long I moved most of my money out, mostly to CFG !

LOL!!

Kind of find it strange that these banks raised their rates very close to the top but let Merchant’s Bank remain the number 1 at 3.82%.

Brio Direct High Yield Savings was 2.80% now 3.75%
CFG Bank MM was 3.55% now 3.70%

Ponce Bank MM was 3.00% now 3.25%
Wealthfront was 2.55% now 3.30%
SFGI Direct Savings was 2.21% now 2.51%

Vio Bank MM was 3.02% now 3.52%
CIT Bank Savings Connect was 3.00% now 3.25%
Synchrony Bank Savings was 2.75% now 3.00%
Sallie Mae MM was 2.70% now 3.20%
Barclays Bank Savings was 2.40% now 3.00%