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Started By
Message
Best high yield savings account?
Posted on 3/24/22 at 3:39 pm
Posted on 3/24/22 at 3:39 pm
Any recommendations for a lump sum of cash to make a better return instead of sitting in my current bank savings?
I see a bunch that seem to have higher yields, but wanted to get some specifics if anyone uses one that they recommend.
I see a bunch that seem to have higher yields, but wanted to get some specifics if anyone uses one that they recommend.
10
Posted on 3/24/22 at 3:48 pm to lsu13lsu
quote:
Goldman Marcus
That's literally the one I had open before asking this question
Posted on 3/24/22 at 4:27 pm to Jax Teller
Synchrony bank HYS is a whopping 10 bps higher than GM
Posted on 3/24/22 at 4:53 pm to tirebiter
Oohhh
Posted on 3/24/22 at 5:07 pm to Jax Teller
Ethereum or BNB staking
Posted on 3/24/22 at 7:35 pm to Jax Teller
High yield savings account. Does such a thing exist these days? I thought that was a contradiction in terms.
Posted on 3/24/22 at 9:22 pm to lsu13lsu
quote:
Goldman Marcus
They were giving a smallish bonus for new and existing accounts. Not sure if they still are. Discover was also giving a bonus for new accounts. Might check them too. APYs are roughly the same.
Posted on 3/24/22 at 11:03 pm to Jax Teller
They all suck. Honestly not worth your time to try and shop this.
Posted on 3/25/22 at 12:22 am to Jax Teller
You can get 1% APY on checking and savings with SoFi Banking.
Posted on 3/25/22 at 1:04 am to Jax Teller
lego
Posted on 3/25/22 at 1:34 am to Teddy Ruxpin
I just do the 9% annual yield on USDC through Voyager. Pretty ridiculous returns in an unpredictable market. I’ve gotten $1k in interest already and just started making recurring USDC deposits in November.
Posted on 3/25/22 at 7:31 am to Jax Teller
Ibonds if you don't need it for a year
Posted on 3/25/22 at 9:41 am to Jax Teller
I have Vio. Pretty much the same as all others.
Posted on 3/25/22 at 10:24 am to Who_Dat_Tiger
quote:
I just do the 9% annual yield on USDC through Voyager. Pretty ridiculous returns in an unpredictable market. I’ve gotten $1k in interest already and just started making recurring USDC deposits in November.
Been looking into this. Have you run into any issues or causes for concern with this?
Posted on 3/25/22 at 11:24 am to Jax Teller
(no message)
This post was edited on 6/13/22 at 9:26 am
Posted on 3/25/22 at 3:52 pm to TheBoo
quote:
Been looking into this. Have you run into any issues or causes for concern with this?
Lol no. Funny I just returned to the thread to see all those downvotes
I need rocket or Gaucho to come in here and defend me against all the boomers. Can’t imagine making money gets any easier than that.
It costs nothing and zero fees to switch between USD and the USDC stablecoin so sometimes sell the usdc for usd just for reassurance that it can be done whenever without issue. Haven’t had any problems with withdrawals or deposits.
This post was edited on 3/25/22 at 4:01 pm
Posted on 3/25/22 at 7:06 pm to TheBoo
Posted on 3/25/22 at 8:26 pm to Who_Dat_Tiger
quote:
need rocket or Gaucho to come in here and defend me against all the boomers. Can’t imagine making money gets any easier than that
Guy asks about high yield savings account. Probably because he needs easy access to this money and can't afford to lose it.
Posted on 3/25/22 at 8:50 pm to UltimaParadox
How is USDC not easy access to his money or risky to lose? Help me understand
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