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re: Capital One 360 Performance Savings - UPDATE: 4.35% APY as of 12/11/23

Posted on 3/14/23 at 10:21 am to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
120002 posts
Posted on 3/14/23 at 10:21 am to
So, what is better here. A HY Savings account or buying some kind of bonds if you only want your money tied up for a short period of time before you can access it, say 6 months? And when I say access it, not that I would need to, but if I needed to.
Posted by Jag_Warrior
Virginia
Member since May 2015
4180 posts
Posted on 3/14/23 at 11:30 am to
Well, what kind of yield are you looking at for a fully taxable HY savings account? A 26 week bill was around 4.75% as of yesterday, plus you don’t pay state or local taxes. Although both are liquid, with the t-bill, I’d make sure that I was comfortable having the money potentially tied up for the full term.
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