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re: Where to Park $75K for best return?

Posted on 12/29/21 at 10:18 am to
Posted by EYEDOCNO
New Orleans
Member since Sep 2004
1149 posts
Posted on 12/29/21 at 10:18 am to
quote:

Anyone use this?



Yes- Have been using it for about 9 months. You can't just put cash directly into your account. You have to convert it to some type of crypto. I converted some cash into stablecoin (USDC) and also put some Bitcoin I had into the account. Stablecoins currently pay 9% up to 40,000 and 8% abouve 40,000. bitcoin pays 4.5% up to 0.1 BTC and less above that. Have been very happy with their customer service as well. Biggest negative imo is that if you're in Louisiana you can't buy crypto directly from Blockfi. You have to use coinbase or another exchange to buy the crypto and then transfer it to Blockfi
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 12/29/21 at 10:49 am to
yup. you also get 2% extra apy if you have the credit card. so that's 11% on stables

the credit card gives rewards of your choice so it's flexible. I use BTC but you could get stable rewards if you preferred

but muh ibonds

This post was edited on 12/29/21 at 10:51 am
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