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Business - HYSA

Posted on 7/19/24 at 10:54 am
Posted by PolarPop5
Baton Rouge, La
Member since Aug 2017
295 posts
Posted on 7/19/24 at 10:54 am
I recently started a small company (LLC) and am looking for a high-yield savings to keep some cash on hand. Capital One (who has a great personal HYSA) offers a business savings but the rates after the introductory offer are <1%. Who are you using for your business HYSA’s?
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 7/19/24 at 12:23 pm to
Vanguard clearing house is 4.6%. I have a pile of money parked in UFB Direct at 5.25% but you do not have instant access to your money.
Posted by tiger61
Summit, MS
Member since Oct 2006
166 posts
Posted on 7/19/24 at 7:26 pm to
Live oak business savings or a quickbooks money account.
Posted by TX_Tiger23
Seabrook, Texas
Member since Aug 2013
109 posts
Posted on 7/23/24 at 6:55 pm to
You can open a brokerage account for your company and then buy VMFXX. It’s a Vanguard Federal Money Market Fund yielding 5.29%. And you have liquidity.
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