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re: With the fed rate hike when would we see rates go up on....
Posted on 6/16/22 at 5:15 pm to Jag_Warrior
Posted on 6/16/22 at 5:15 pm to Jag_Warrior
quote:
Online “high yield” savings rates have been climbing for awhile. A couple of the ones I have are somewhere around .9% now
I've got a Discover high yield savings that's currently at 0.9%. Discover's running a promo that they'll give you $150 or $200, depending on your deposit amount.
Discover Promo
1
Posted on 6/16/22 at 6:40 pm to Arkapigdiesel
Good find.
I’m not sure if it’s still in effect, but Marcus/Goldman had a promo too. And theirs was available to new and existing customers.
I’ve tried to explain to a friend of mine sitting on six figures of cash after a house sale, pay more attention to to the bonuses than the interest rates on these FDIC insured accounts. I check out the requirements and terms, open the account and make the required minimum deposit, collect the bonuses… and close the account once my minimum account season has passed. If you don’t abide by that, they can and will claw back the bonus.
No one will get rich doing this, but a few thousand here and a few thousand there is better than nothing.
I’m not sure if it’s still in effect, but Marcus/Goldman had a promo too. And theirs was available to new and existing customers.
I’ve tried to explain to a friend of mine sitting on six figures of cash after a house sale, pay more attention to to the bonuses than the interest rates on these FDIC insured accounts. I check out the requirements and terms, open the account and make the required minimum deposit, collect the bonuses… and close the account once my minimum account season has passed. If you don’t abide by that, they can and will claw back the bonus.
No one will get rich doing this, but a few thousand here and a few thousand there is better than nothing.
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