- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Marcus Lowers Savings Rates to 3.65%
Posted on 5/29/25 at 9:02 am to DarthRebel
Posted on 5/29/25 at 9:02 am to DarthRebel
IDK. Some people have to hold back big amounts for quarterly taxes.
1
Posted on 5/29/25 at 10:21 am to Lsu05
AMX is really easy. Down to 3.6%. Capital One also 3.6% as well. AMX gets you your money more quickly .
Posted on 5/29/25 at 10:22 am to Lsu05
AMX is really easy. Down to 3.6%. Capital One also 3.6% as well. AMX gets you your money more quickly .
Posted on 5/29/25 at 10:31 am to lynxcat
CIT Bank, 4.4%
Posted on 5/29/25 at 10:31 am to GeauxTigers123
quote:
Some people have to hold back big amounts for quarterly taxes.
We own a business and pay quarterly taxes. $50,000 over 4 months at a 5% gets you $833 and that is only if you had the $50,000 persisting the entire time. Paying out taxes depletes the account.
How much are you talking about stashing in a savings for taxes?
Posted on 5/29/25 at 12:08 pm to DarthRebel
I use Marcus as well and was pretty irritated to get that email this week about the reduction in the rate.
I did a search and see PNC is offering 3.9% for new customers and SOFI is offering 3.8%. Not sure that's enough to move the needle for me to jump ship.
Several other similar institutions have dropped to the 3.6 - 3.65% range, which has been mentioned on here. Ex. - Capital One.
If anyone has a reputable bank that's offering north of 3.9% please let me know.
I did a search and see PNC is offering 3.9% for new customers and SOFI is offering 3.8%. Not sure that's enough to move the needle for me to jump ship.
Several other similar institutions have dropped to the 3.6 - 3.65% range, which has been mentioned on here. Ex. - Capital One.
If anyone has a reputable bank that's offering north of 3.9% please let me know.
Posted on 5/29/25 at 12:22 pm to skewbs
Quarterly taxes exactly. The rates from AMX and Cap 1 have come down steadily. Was in the 4.0-4.3 range not that long ago.
Posted on 5/29/25 at 12:22 pm to skewbs
Quarterly taxes exactly. The rates from AMX and Cap 1 have come down steadily. Was in the 4.0-4.3 range not that long ago.
Posted on 5/29/25 at 12:38 pm to lynxcat
Schwab and USFR are both well over 4.
Posted on 5/29/25 at 12:41 pm to donRANDOMnumbers
Where are you getting 4.4 for CIT? I see 4.1
Openbank has been fine although the transfers are a bit slow
Openbank has been fine although the transfers are a bit slow
Posted on 5/29/25 at 1:23 pm to lynxcat
Capital One at 3.60%
Posted on 5/29/25 at 1:38 pm to lynxcat
Welp just got the Openbank dropped to 4.3 email, still pretty good
Posted on 5/29/25 at 1:45 pm to lynxcat
knock on wood... my lending club savings is still at 4.4%
Posted on 5/29/25 at 1:48 pm to lynxcat
Eagle Bank is 4.4%
Posted on 5/29/25 at 2:44 pm to DarthRebel
quote:
How much are you talking about stashing in a savings for taxes?
I mean, obviously that depends on the person but I know people with huge quarterly tax bills. Those kind of people have reasons to save up a couple hundred thousand dollars in cash at one moment.
Posted on 5/29/25 at 3:54 pm to GeauxTigers123
quote:
Those kind of people have reasons to save up a couple hundred thousand dollars in cash at one moment.
That could make sense for having liquidity on hand for the lean times of waiting for payments to arrive. You have to pay salaries and bills, regardless if you are getting paid. We use a revolving line of credit.
If they want to persist a fund of $200,000 for those times, 3% gets you and extra $6,000 in interest and 5% gets you $10,000 over a year. I sure as hell would not go through the hassle of moving $200,000 to net a possible $4,000 extra when the rates could change again.
$200,000 in taxes would mean you also had a net income of around $1,000,000, that is excluding state taxes.
Posted on 5/30/25 at 9:44 pm to lynxcat
Vanguard Federal Money Market Fund (VMFXX) has paid 4.21% over the past seven days.
Posted on 6/3/25 at 2:44 pm to NYNolaguy1
Rising bond yields will make the price of SPHY go down. When yields rise, prices fall.
Posted on 6/3/25 at 3:07 pm to TX_Tiger23
Weathfront savings (fully liquid), 4%.
Posted on 6/6/25 at 8:47 pm to Chucktown_Badger
Not sure what that has to do with SPHY?
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News