That sounds pretty good, maybe on the slightly low side (though still very good), as it looks like there are some banks at or above 5% these days, based on the Bankrate savings account tracking site.
I have my cash with online Wealthfront—FDIC insured, 4.05% interest, no fees, no withdrawal or transfer fees or limitations. So far, they’ve raised the interest they pay every time the Fed raises interest rates.
Any thoughts on using SmartyPig? It's still around and pays 4.25% and FDIC insured. It's a savings account through Sallie Mae.
That sounds pretty good, maybe on the slightly low side (though still very good), as it looks like there are some banks at or above 5% these days, based on the Bankrate savings account tracking site.
I've not been able to find any local banks that offer anything like that. I'll have to look into online banks that at that level. Thanks!
I have my cash with online Wealthfront—FDIC insured, 4.05% interest, no fees, no withdrawal or transfer fees or limitations. So far, they’ve raised the interest they pay every time the Fed raises interest rates.