Savings Account Interest Percent Doubled in a Month

Last I looked, mine had gone up to 3.3%.

I'm transitioning to Sofi, at least partially and briefly.

Checking is 1.2%, but 2.5% if you set up direct deposit.

Savings is 1.2%, but 3.5% if you set up direct deposit with a $250 cash reward if the direct deposits amount to $5000 or more.

I mainly bank with Hancock Whitney but seems silly to stick there when I can gain more interest with Sofi, get a reward, and easily move money back and forth to keep from having to stop any auto withdrawals (if I decide not to just switch them over to Sofi).

Why would you make this thread without giving out the name of your bank?

4.35% seems too high.

Sofi is the ftx of banks

guess ill have to start moving some money back to ally

I switched to Capital One Performance savings from recommendations of this board. It’s getting 3.30 right now. Almost to the almighty three fifty

Same lol. It seems to have been a good time to make that switch.

quote:

---

switched to Capital One Performance savings from recommendations of this board. It’s getting 3.30 right now. Almost to the almighty three fifty

---

Thanks for the heads up. I have Capital One and didn’t even know about it. Just signed up for an account.

Amex is 3.3 now