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Consensus on high yield savings accounts

Posted on 1/3/17 at 5:13 pm
Posted by sneakytiger
Member since Oct 2007
2471 posts
Posted on 1/3/17 at 5:13 pm
Are these typically just teaser rates that expire after 6 months? Anyone have history with the big names that they would recommend?
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 1/3/17 at 5:32 pm to
GS Bank has 1.05%
That's about as high yield as I have
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36744 posts
Posted on 1/3/17 at 6:42 pm to
They are a good place to park your emergency fund.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 1/3/17 at 7:33 pm to
I started a 4% checking up 20k about 6 years ago. Went down to 3%, then 2% where it is now. Wasn't really a teaser rate. Just a change in the offering. Can't keep the 4% forever if it's not making money.
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