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Started By
Message
Business account $$$
Posted on 7/23/23 at 3:15 pm
Posted on 7/23/23 at 3:15 pm
I have some extra $$ sitting in my business checking account doing nothing. I may need it or not, depending on if something comes along for me to purchase.
I’ve checked around for short term CD / money market rates. . They are basically paying nothing if in a business name. I don’t want to transfer the $$ to my personal account.
Any of you guys know of something out there or any suggestions on where to make a little something on it?
I’ve checked around for short term CD / money market rates. . They are basically paying nothing if in a business name. I don’t want to transfer the $$ to my personal account.
Any of you guys know of something out there or any suggestions on where to make a little something on it?
4
Posted on 7/23/23 at 5:11 pm to whg335
Get your bank to set you up with a sweep account. I just had chase set me up with a JP Morgan nightly sweep… getting 4.55%
Posted on 7/23/23 at 6:33 pm to whg335
I am a commercial banker here in Baton Rouge. We have CD rates for business and personal. They are about the same if you are interested in hearing about it.
Posted on 7/23/23 at 7:22 pm to His Dudeness
For a business account?
Posted on 7/23/23 at 7:23 pm to soupboy10
I am.
Can you give me a number or email ?
Can you give me a number or email ?
This post was edited on 7/23/23 at 7:26 pm
Posted on 7/23/23 at 7:44 pm to whg335
Reach out to soupboy. Knows his stuff
Posted on 7/25/23 at 2:00 pm to whg335
quote:
Get your bank to set you up with a sweep account.
Talk to your banker. This is all you need to do.
Posted on 7/25/23 at 3:48 pm to whg335
Sorry just saw this. Email me at bankerdad56@gmail.com
We will do business CD at same rate as personal.
Thanks!
We will do business CD at same rate as personal.
Thanks!
Posted on 7/25/23 at 3:52 pm to whg335
quote:yes
For a business account?
Posted on 7/26/23 at 7:25 am to whg335
I started a money market account with my bank. I have immediate access to the money if needed.
Start by asking your bank what they offer.
Start by asking your bank what they offer.
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