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

Posted on 6/5/23 at 9:14 am to
Posted by Jag_Warrior
Virginia
Member since May 2015
4279 posts
Posted on 6/5/23 at 9:14 am to
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 by Elusiveporpi
Below I-10
Member since Feb 2011
2584 posts
Posted on 6/5/23 at 9:46 am to
I just opened one as well. it was easy since i already had capital one banking. Thanks for the heads up.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81079 posts
Posted on 6/5/23 at 10:13 am to
quote:

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?

Yea I don't get it. It is so easy to open a bank account nowadays with apps or the internet
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