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SVTPerformance's Chain of Restaurants
Road Side Pub
High interest online savings account recommendations
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<blockquote data-quote="04MysticCobra" data-source="post: 16893335" data-attributes="member: 20354"><p>The highest yield savings account banks are playing games that turn me off. The one in Miami with a 5.05 rate wants 25K to open the account which is not a problem but don't want to move money for a small rate increase. Did an application for CFG but not done with it yet. Have VIO but for a small account and its fine. Bask bank has my bigger account and they are great. All rates will be going up after tomorrow with the rate increase. But increasingly putting most money in CD's now with 6 month at 5.20 and 12 month at 5.35%. Each account holder in a family is covered by the FDIC 250K if separate accounts. So if its a husband and wife with separate named single accounts its covered for 500K. Joints accounts are only covered for 250K.</p><p></p><p>[URL unfurl="true"]https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/[/URL]</p></blockquote><p></p>
[QUOTE="04MysticCobra, post: 16893335, member: 20354"] The highest yield savings account banks are playing games that turn me off. The one in Miami with a 5.05 rate wants 25K to open the account which is not a problem but don't want to move money for a small rate increase. Did an application for CFG but not done with it yet. Have VIO but for a small account and its fine. Bask bank has my bigger account and they are great. All rates will be going up after tomorrow with the rate increase. But increasingly putting most money in CD's now with 6 month at 5.20 and 12 month at 5.35%. Each account holder in a family is covered by the FDIC 250K if separate accounts. So if its a husband and wife with separate named single accounts its covered for 500K. Joints accounts are only covered for 250K. [URL unfurl="true"]https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/[/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
High interest online savings account recommendations
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