Posts made by jtownsucks46

Today’s drops:

Vio was 1.85 now 1.75
Brio was 1.85 now 1.65
Popular was 1.80 now 1.70
Credit Karma was 1.3 now 0.56

More drops today:

Synchrony was 1.7 now 1.5
Mutual One was 1.51 now 1.26
FNBO was 1.5 now 1.0
Customer’s Bank was 1.25 now 0.25
Memory Bank was 1.25 now 0.5

Lots of drops today:

NASB was 1.97 now 0.75
Dollar Savings was 1.8 now 1.5
Smarty Pig was 1.75 now 1.6
Sallie Mae was 1.7 now 1.5
Bank5Connect was 1.65 now 1.5
Rising Bank was 1.62 now 1.02
My Savings Direct was 1.6 now 1.00
Betterment was 1.37 now 0.78
iGoBanking was 1.35 now 0.75
Wealthfront was 1.27 now 0.26
SalemFive was 1.25 now 1.00
Radius Bank was 1.15 now 0.25
Personal Capital was 1.05 now 0.05
My Banking Direct was 1.01 now 0.25
EBSB was 0.85 now 0.62

Both Northpointe account offerings down to 1.65% from 1.85%.
Bank 7 down to 1.40% from 1.76%.
igobanking down to 1.45 from 1.75% money market and to 1.4% from 1.7% savings.

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

Redneck and All America
Notice - Effective March 21, 2020 the rate is changing, 1.50% APY*

Ouch! I’m sure there’s more decreases coming.

Had some significant decreases today. Some of the top ones that dropped:

CFG - was 2.05% now 1.90%
Brio - was 2% now 1.85%
Customer’s - was 1.95% now 1.25%
Comenity - was 1.90% now 1.55%
Popular - was 1.90% now 1.80%
Virtual - was 1.80% now 1.4%
MySavingsDirect - was 1.80% now 1.70%
Wealthfront - was 1.78% now 1.27%
Investor’s - was 1.75% now 1.50%
Barclay’s - was 1.70% now 1.60%
State Farm - was 1.65% now 1.25%

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

CFG <25K 2.05% (was 2.10%) >25K 2.15% (was 2.25%)
Brio Direct 2.05% (was 2.10%)
HSBC 2.00% (was 2.05%)
Both UFB accounts down to 1.90% (were 2.00%)
Vio Bank 1.95% (was 2.02%)
TAB Bank 1.90% (was 2.10%)
Comenity Direct 1.90% (was 2.00%)
WebBank 1.86% (was 1.95%)
Northpointe both accounts 1.85% (was 1.95%)
Bank 7 1.76% (was 1.91%)
MySavingsDirect 1.80% (was 1.90%)
CIT Bank Savings Builder 1.80% (was 1.85%)
Wealthfront Cash 1.78% (was 1.82%)
State Farm Bank 1.75% (was 1.85%)
Synchrony Bank 1.70% (was 1.80%)
Northfield Bank Platinum Savings 1.65% (was 1.90%)

Thanks @goldsheet!!! Table is updated.

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

Just received an email from LiveOakBank. The rate for savings account is lowered to 1.85% (from 2.00%).

Thanks! Their website doesn’t even reflect this yet.

Table updated 11/2/19. Lots and lots of rate drops unfortunately. Keep in mind there are a few accounts that are either not nationally available or have a few hoops to jump through still paying at or above 2% that may be good options for some people:

Fitness Bank 2.60%
https://www.fitnessbank.fit/

Total Direct Bank 2.35%
https://www.totaldirectbank.com/personal/money-market-accounts

Citi Accelerate 2.05%
https://banking.citi.com/cbol/savings/high-yield-savings/Default.htm?BT_TX=1&ProspectID=9E555378D09849399315D7D57353D1EC

PNC HIgh Yield Savings 2.00%
https://www.pnc.com/en/personal-banking/banking/savings/high-yield-savings.html

thanks @goldsheet @john99 and @l_tiger the chart has been updated.

Good deal - possibly can stack with Amex offer for new membership.

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

TotalDirectBank Money Market Account: 2.35% APY
A $50,000 minimum deposit is required to open an account and earn the advertised APY.
https://www.totaldirectbank.com/personal/money-market-accounts

This one technically isn’t nationwide as Floridians and Californian’s are excluded.

Not sure there’s one card out there besides the Sam’s Club and Costco cards that offer 5% gas and 3% restaurants on the same card(actually the Costco card is 4% on gas). The best alternative I know of would be replacing with 2 cards:

Click on the Platinum tab for 5% cash back gas card:
http://www.fortknoxfcu.org/visa.html

And then this one for 3% at restaurants(I’m sure there are other alternatives for 3% on restaurants):

https://creditcards.chase.com/cash-back-credit-cards/aarp

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

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.

Thanks so much - table is updated. Also Investor’s Access dropped from 2.2 to 2.1

link?

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

CIT Savings Builder dropped again, now down to 2.3%

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

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

@goldsheet Thanks; table updated.

@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.

Investor’s Bank up to 2.5%. They also removed the 5k minimum requirement to earn interest.

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

Customers Bank
2.50% APY - 25K Minimum - No Maximum - FDIC Insured
Banesco
2.47% APY - Not sure if minimum required - FDIC Insured
Rising Bank
2.45% APY - 1K Minimum - 500K Maximum - FDIC Insured
Do these qualify as High APY Liquid Accounts?

I think they look good - added them onto the table, thanks!!

Bank 7 up to 2.35% from 2.05% today

This one is not nationally available but worth mentioning for anyone who does qualify.

Citi Bank High Yield Savings 2.36%

https://banking.citi.com/cbol/savings/high-yield-savings

Added new bank to the list - Western State - 2.5% High Yield Money Market

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

Just an update. Link for CIT Bank is outdated.
Here is the link: Cit Bank SAVINGS BUILDER
It is still 2.45% APY - min $25k or $100/month deposit.

Thanks, it’s updated!

How much are your car payments going to be?

All America Bank and Redneck Bank both up to 2.5%

New bank added to the list today. Mutual Bank Leader Money Market account @ 2.43% interest with 1k min and 250k max. Interesting thing about this account is that it automatically refreshes on the 15th of every month to match the current Fed Funds Rate.

https://www.mymutualbank.com/leader-money-market

@sacarface I don’t see anyway to open online so don’t think it’s nationally available at the moment unless you’re seeing something different?

This seems to consistently work:

https://www.schoolcraftlibrary.org/services/consumer-reports-online/

Also SFGI Direct up to 2.27%

earn bank up to 2.41%

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

Ally Savings up from 2.0% apy to 2.20% as of today…
Cash Bonuses will be paid by Feb 5th…

Thanks @craig10x

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

@jtownsucks46 This deal is over. I can not find this anywhere. The table needs to be updated.

Thank you for letting me know!!

Citizen’s Access Savings up to 2.35%

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

Discover Savings up from 2.0% to 2.10% Apy as of today!
I have it (along with their Checking and also the CIT Bank Savings Builder which gets 2.45%)

Thanks @craig10x

New savings account offering today. NASB High Rate Checking pays 2.53% on 50k up to 5 million.

https://www.nasb.com/banking/landing-pages/high-rate-savings/

Memory Bank from 2.30% to 2.40%
Salem Five Direct 2.05% to 2.30%
Live Oak Bank from 2.10% to 2.25%

PurePoint also up this morning - 2.15% to 2.35%

Marcus by Goldman Sachs up from 2.05% to 2.25% this morning.

CIT Savings Builder up to 2.45%

Mutual One Online Savings from 2.12% to 2.27%
Barclays Online Savings from 2.05% to 2.20%

CIBC 2.16 increased to 2.39
Virtual 2.01 increased to 2.36
Amex 2.00 increased to 2.10

New offering: Bay State Savings Bank Money Market 2.35%

https://www.baystatesavingsbank.com/assets/1544562401-SmileWorcesterCountyDec20186.pdf

@sacarface Yes, it’s in the table on the first post of the thread.

EBSB Direct High Yield Savings is back - 2.50% with a $5,000 minimum

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

Vanguard Prime Money Market Fund has Yield of 2.29%
Does this count as a Liquid Account?
https://investor.vanguard.com/mutual-funds/profile/overview/vmmxx

Is it FDIC insured?