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Posted on 6/4/23 at 4:11 pm to bayoudude
Same here. I did a bit of research and Cap One is the 9th largest bank in the country so it may fall in the “too big to fail” category. It probably depends on your risk tolerance. I figure I could quickly transfer the excess to Chase if rumors start, just to be safe.
Posted on 6/5/23 at 9:14 am to bayoudude
quote:
Man I am very tempted to exceed fdic limits with these kind of rates. How concerning would that be ?
Just curious as to why you’d be tempted to exceed FDIC limits at one institution, when many institutions are offering the same or similar yields?
Also, there are other short term, liquid products which offer even higher yields.
Posted on 6/7/23 at 10:04 pm to bayoudude
Just spread it over different accounts.
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