Hysa reddit.

Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Although we can’t help here with specific account service issues, we can help troubleshoot and point you in the right direction. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun. 91K Members. CIT has the highest rates I know of. A little slow when it comes to transfers though. Marcus is also good. Capital One has lower rates but is very easy to use. 2. Bordercrossingfool. • 8 mo. ago. CIT transfers are much slower than Marcus. With CIT it is usually better to initiate a transfer to CIT from the other bank. HMBradley is 1% or 3% if you have their credit card. You need to direct deposit $1500/month and spend $100 with their credit card to reach 3%. Credit card is $0 first year and $65/y after. CC gives you 3% Cashback on first spending category, 2% for second, then 1% rest. r/personalfinance.I’ve heard around here that Ally is pretty awesome as a “high yield” account. But, I think they just lowered their rate to 1.9%. I was bummed out, but American Express is still offering 2.1%. Not a huge difference, but I would still like to maximize interest. But, since most people here have talked about ally, I wanted to ask before ...

HYSA recommendations. Investing Questions. Any HYSA recommendations or referrals? Archived post. New comments cannot be posted and votes cannot be cast. Sort by: Open comment sort options. weedmylips1. • 8 mo. ago. Put in vanguard settlement account that's invested in VMFXX currently getting 4.75% junger128. • 8 mo. ago. When he told me that, we agreed to open it. The BMO Alto account was set up by the Bank of Montreal in May according to a representative. It’s the second US account they have created. The website is definitely new. The feature to make a joint account quit working two weeks ago. thegelatoking.

caltheon. • 9 mo. ago. I did the same with AMEX HYSA, got a $350 bonus for keeping $25k in it for 3 months. At the dollar amounts most peoples emergency funds are are, it doesn't make sense to go bank hopping. That .25% interest rate is going to be pennies or at most dollars. Pyrotyro0909. The only pitfall is not having access to the money during the first year but this doesn't really concern me. Otherwise if rates for HYSA increase in the future you always …

Investing. I came across a banking site called Wealthfront that's promising a HYSA with a 3.3% APY (15x times the national average they advertise). With unlimited transfers and 3.3% growth, and seemingly no sneaky minimum-anything, I'm wondering what the drawback would be for moving my E.F. here. Heck, based on what I'm reading I could use this ...The real question is how the 0.5% "high yield" accounts can stay in business when you can get plain accounts paying 1%, and much higher with some limits: 1% with no limit at T-Mobile Money. 2% on the first $20,000 at Elements Financial Credit Union, requires 15 withdrawal transactions per month but bill pays qualify.Have used MB for 6+ months now-- HYSA only. Raised my rate to 5.5% automatically (started at 5.25%) a& the trans. time has gone back to 5 days if I initiate the transfer order from Milli rather than initiate from my brick & mort. bank. So far, my simplistic use experience has been positive. Reply reply.February 28, 2023. In November 2022, we announced our newest product — a high-yield savings account for our M1 Plus users to begin earning a competitive 5.00% APY* return …They might charge the person (or business) borrowing the money 5% interest for example. Many banks only pay you 0.01% interest on that deposited money and they keep the remaining 4.99% for themselves. With a high yield savings account, the bank pays you a higher percentage on your money, so maybe 2%. Most of the banks that do this have a large ...

Question about Western Alliance Bank. Saving. Hello everyone I recently deposited $60,000 using the website called savebetter.com and my money is currently sitting in a high yield interest savings account with Western Alliance Bank Western Alliance Bank is supposedly on the verge of collapse should I withdraw my money as soon as possible or ...

Ant10117. •. Your statement is true for APR (annual percentage rate) but 5% annual percentage yield (APY) is 5% growth so $1,000 would become $1,050 after one year either way. SoFi takes your daily balance and calculates the interest (based on the APR not APY) but they do not apply that interest to the account until the end of the month ...

Someone please help me understand HYSA compound interest! Other Hello, I am totally new to savings, interest, and more specifically, my HYSA. I need help understanding. ... The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. The much wow innovative crypto-currency.I'm looking to open a purely savings account for my emergency fund and extra savings, and their HYSA is highly attractive to me at 1.8%. I'd appreciate if anyone could share their experience! Thanks!Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Although we can’t help here with specific account service issues, we can help troubleshoot and point you in the right direction. Hours: 7am-10pm ET M-F, 11:30am-10pm ET Sat/Sun. Same happened with me and then I noticed on their website they have a new HYSA offering 5.25% so I went on their online chat and customer support converted my Preferred Savings (4.5%) to their new HYSA. Easy peasy. Are you looking for an effective way to boost traffic to your website? Look no further than Reddit.com. With millions of active users and countless communities, Reddit offers a uni...

HYSA Offering 4.5% Question. Western Alliance Bank (advertised by AARP, powered by SaveBetter, Raisin company) is offering 4.5% APY. Small print, “interest rate may change after initial deposit.”. Is this how they all work? Thanks. Archived post. New comments cannot be posted and votes cannot be cast.So basically they make money by taking on fixed income assets that have a higher interest rate than they pay you. iheartpizzaberrymuch. • 1 yr. ago. A high yield savings account is good if you don't move your money around often because after 5 outgoing transactions a month you are charged a $10 fee.Jun 6, 2566 BE ... Western Alliance is now offering 5.15% for its HYSA. It uses the Raisin online storefront. https://www.raisin.com/en-us ...Nov 6, 2566 BE ... 23 votes, 23 comments. true.A total bond index is used by many investors, which has an average duration of 6-8 years typically, and a more advanced method that is in line with matching your investment horizon would be to use long term (20-30 year) treasury notes or, TLT etf etc. I bonds are likely very good use of space for retirement money but < 1 year t bills and HYSA ...Marcus by Goldman Sachs currently offers 4.15% I believe and there’s no direct deposit required. You need to open a Sofi Banking account (checking plus savings) and direct deposit any amount to get that bonus. There are better rates out there but most are either 3 month to 1 year promo periods OR limit the amount that gets the …

In today's savings account interest rate environment, you should aim for an account that earns at least 3.50%, with the best savings accounts offering upwards of 4.5%. Many banks offer interest ...

Hello esteemed personal finance subredditors! I am currently in the market for a new HYSA to store some cash. Ally is at the top of the list as I see it recommended over and over again, but I am also considering ufb Direct. Ally is currently offering 2.25%, ufb is offering 3.11%. On the face of it ufb seems like the way to go but seeing as …Wealthfront will prepare a 1099-int for you. The amount of interest you've earned is small, but you still have to report it. Interest is tax as regular income. tlianza. • 3 mo. ago. WF doesn't know what you make overall, so they just give you a form like everyone else who pays you. When you do your taxes, you'll find out what/if you owe anything.Cancel the transfer before it completes, (you can do this immediately) Discover will credit you with another $50, since their system sees it as $20K total deposits. Then open a HYSA with Capital One with bonus code SAVE1000. Transfer your $15K and wait the 90 days for the $200 bonus to post. You've just earned $400 bucks in a few months and ...My personal credit card has a limited time offer to transfer funds into a performance higher yield savings account. My USAA Savings account gets 0.01%, and a USAA Performance First account would get increasing APYs, but for comparison sake, 0.5% at $50,000. My personal credit card, for $50,000, is offering 2.35% AND a …Best HYSA accounts you would recommend and why. I’m interested in getting a HYSA. I’ve wanted to know what you would recommend regarding a bank with a good rate as well …To get the daily interest, you could divide $205/365 = $0.56 per day. 2.05% APY is the end result of an unknown APR r compounded monthly for a year, i.e. Hence, r = 2.0309871%, and the daily rate for this year is r / 366. If compounding was daily, change 12 to 365 or 366. If there is no compounding inside a year, then APR = APY.I'm looking to open a purely savings account for my emergency fund and extra savings, and their HYSA is highly attractive to me at 1.8%. I'd appreciate if anyone could share their experience! Thanks! Cancel the transfer before it completes, (you can do this immediately) Discover will credit you with another $50, since their system sees it as $20K total deposits. Then open a HYSA with Capital One with bonus code SAVE1000. Transfer your $15K and wait the 90 days for the $200 bonus to post. You've just earned $400 bucks in a few months and ... Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify and let compounding grow wealth. Jack founded Vanguard and pioneered indexed mutual funds. His work has since inspired others to get the most out of their long-term stock and bond investments by indexing. Active managers want your money - our ... Interest rates will change all the time, so no one bank will always have the best rate. All of those options are good. However, Marcus does not have a checking account. Ally and Discover both have checking and savings accounts. rons27.

Best for no minimum deposit: UFB Secure Savings. Best for earning a high APY: Western Alliance Bank Savings Account. Best for no fees: Marcus by Goldman Sachs High Yield Online Savings. Best for ...

In today’s digital age, having a strong online presence is crucial for the success of any website. With millions of users and a vast variety of communities, Reddit has emerged as o...Ally's HYSA is at 4.25% and Alliant is at 3.10% while I'm seeing more and more financial institutions over 5% on depositaccounts.com. The problem is knowing which of the top interest payers right now aren't going to pull the rug out like you said. ... Thank you, kind reddit user HYSA, FDIC insured. interest fully taxable. Funds are considered fairly liquid, 2-5 days I'd guess. CD's , FDIC insured. Interest fully taxable. Funds are locked for the term of the CD. MMMF, no FDIC, but thought to be really really safe anyway. Interest taxability depends on the fund, some invest in treasuries, so a percentage would be state ... Welcome to the HYSA's (unofficial) Reddit page! If you're a student and want your username to be listed here, PM u/BalinKingOfmoria. Students so far (who want to be listed): u/BalinKingOfMoria. u/Lightbikemaster (hope you don't mind, buddy). Fun facts: This uses the truly incredible Naut theme based off of Google's Material Design. Check it out! HYSA alternatives on Fidelity or Schwab? Money market funds at these brokerages have very good +4% APYs. (SPRXX, SNVXX) Both also offer checking with very good benefits, no fees and I’ve had good experience with their customer support. It seems to me that these might be a replacement for an HYSA/Checking account, on top of also holding ... High-yield online savings account. The Ally high-yield savings account (HYSA) offers a competitive annual percentage yield (APY) and no monthly maintenance … But the service becomes infinitely better once you have AMEX credit cards. You can then link your HYSA to your Amex cards which you can check via the AMEX app. Whether to check your balance, transfer money which you can now do, and even use the account IF NECESSARY to pay down your balance! Mind you both AMEX customer service teams are separate ... I have been using a HYSA for this to keep a few thousand dollars, but am curious what benefit a mutual fund like SWVXX would offer over a HYSA. ... As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity … I use Ally, DCU, and HEBDebit. Your first $1,000 should go to DCU which offers 6.17% APY on amounts up to $1,000 or about $60 a year. Your next $2,000 should go to HEBDebit which offers 6% APY on up to $2,000 or about $120 a year. Between DCU and HEB, you’ll earn about $180 in interest annually on your first $3,000. UFB Direct. Milli. Zynlo Bank. Synchrony Bank. EverBank. Upgrade. Maximize returns: With APYs often several times higher than those offered by traditional savings accounts, high-yield savings ...Wealthfront will prepare a 1099-int for you. The amount of interest you've earned is small, but you still have to report it. Interest is tax as regular income. tlianza. • 3 mo. ago. WF doesn't know what you make overall, so they just give you a form like everyone else who pays you. When you do your taxes, you'll find out what/if you owe anything.

It’s already setup and just deposit and go. 1. Generic-User-01 • 1 mo. ago. So, this is just from reading stories, but I have read of issues moving significant sums OUT of Apples HYSA. For me, honestly the benefit of having everything available on one login to AMEX's website and app, outweighs that .15%. 44.So basically they make money by taking on fixed income assets that have a higher interest rate than they pay you. iheartpizzaberrymuch. • 1 yr. ago. A high yield savings account is good if you don't move your money around often because after 5 outgoing transactions a month you are charged a $10 fee.Your savings account is giving you approximately ~$4,000 annually at 4%. Your T-Bills give you approximately ~$5,000 annually at 5%. Dancing around and considering t-bills now or in 3 months or 6 months VS Ibonds VS HYSA is just a ton of thought and consideration to juggle the difference of maybe $80-$120 a month depending on what you're ...r/FIREyFemmes. • 2 yr. ago. soniya42423. I want to open a HYSA with Ally Bank this week, don't know where to start and have a few questions! Hi all, so I want to open a high yield savings account where I can …Instagram:https://instagram. dell student discountbreakfast san marcos txdale carnegie how to win friends and influence peoplepodcasts for women r/fidelityinvestments. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. sub sandwichpharaoh ant Nov 21, 2565 BE ... E-trade HYSA, Marcus, Capital One 360. Have experience with all those, and they all work fine and have good rates. best face exfoliator for sensitive skin HYSA are for short-term savings. (Less than 3 years typically) They carry basically no risk and always gain numerical value, but may still lose value to inflation. Stock market is for long-term investments. (More than 3 years typically) These carry risk and may lose substaintial value or gain substantial value. r/fidelityinvestments. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more.Investing. I came across a banking site called Wealthfront that's promising a HYSA with a 3.3% APY (15x times the national average they advertise). With unlimited transfers and 3.3% growth, and seemingly no sneaky minimum-anything, I'm wondering what the drawback would be for moving my E.F. here. Heck, based on what I'm reading I could use this ...