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Business - HYSA
Posted on 7/19/24 at 10:54 am
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 on 7/19/24 at 12:23 pm to PolarPop5
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 on 7/19/24 at 7:26 pm to VABuckeye
Live oak business savings or a quickbooks money account.
Posted on 7/23/24 at 6:55 pm to PolarPop5
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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