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re: AMEX HYSA - 4/9/24 just dropped for first time from 4.35% to 4.3%

Posted on 5/11/24 at 5:56 pm to
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14259 posts
Posted on 5/11/24 at 5:56 pm to
quote:

Any early redemption fee on this?


Nope. It’s a money market holding account…interest paid monthly.

ETA: obviously the caveat here is if the Fed starts cutting that return will drop, but unless something happens that breaks money market funds the initial investment is safe.
This post was edited on 5/12/24 at 9:44 am
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