re: What high yield savings account do you use

I roll t-bills in a brokerage account. 5.2-5.35% generally. Just buy a new one every couple months with whatever comes due.

I just signed up for Everbank(formerly TIAA) it's 5.00 APR guaranteed for a year. no min

Everbank

First Horizon Bank (formerly Iberia)

Their MM is currently at 5%

Discover

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I’m not familiar with that particular feature. But my initial question would be, why would anyone pay $5/month (or any amount really) to get 4.5%, when there are fee free accounts that yield more than 5% now?

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I have it, it’s called Gold, and it’s $5 dollars a month for them to sweep the uninvested money in your brokerage account into a money market that is invested in banks up to the FDIC ( $250,000) limit, spread out for protection . The $5 is taken out of your profits, and they ensure higher than FDIC, which if you have a good bit of money on the sideline, it’s a pretty good deal, and they pay 4.9% without you having to do a thing. There is better rates out there, but this has been a nice addition to my uninvested cash

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Amex
Easy to use. Reliable. Already have other amex accounts. I don't go chasing every interest rate change.

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Same here. Amex is 4.25% currently

Vanguard cash reserves money market.
5.3%

CIT sitting at 5.05% last I looked.

ALLY also has U.S. support. Synchrony uses foreign support.

Switched our savings from USAA at .01% to UFB Direct high yield savings account in February, which is now at 5.25%. Absolutely no regrets.