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re: Savings vs Money Market?
Posted on 3/18/14 at 10:57 am to jojothetireguy
Posted on 3/18/14 at 10:57 am to jojothetireguy
Penfed is great for borrowing but the savings rates suck, all a fraction of 1%.
The Amex or Ally type accounts are handy just for automated deposits, no risk and .75-1% type rates. Not great but way better than most banks with no minimum and easy to setup automated deposits. You're not going to find any better than 1% really without investing and giving up FDIC protection etc.
The Amex or Ally type accounts are handy just for automated deposits, no risk and .75-1% type rates. Not great but way better than most banks with no minimum and easy to setup automated deposits. You're not going to find any better than 1% really without investing and giving up FDIC protection etc.
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