Best savings account reddit

Any big brand retail bank will be reliable and safe. BB&T, PNC, Chase, US, Wells Fargo, etc. Even if they have fees for an account, a lot have some sort of college student promotion where they waive any annual fees on the account. At least this was the case when I opened my account before starting college.

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. 31 Dec 2023 ... Second this for CIT. Their saving account rates are competitive to others and their CD are worth looking into as well.The problem is every year or two, the bank spins off a new account type with the highest available interest rate while existing accounts' rates don't go up. So "Savings Builder" was initially good, then they introduced "Savings Connect" and now they have "Platinum Savings." These accounts are identical or virtually identical except for the ...Please read the sidebar and observe sub rules when posting. ING Savings Maximiser raises to 3.10% from August 9th. Best thing is to keep your CBA account and get your salary paid into it so you don't …Tangerine has a free USD Savings Account which currently has a promo of 1.75% through June. Dragynfyre. • 3 yr. ago. There are no good savings accounts for USD in Canada. Gboard2. • 3 yr. ago. Tangerine if you get their new customer or insight promo will often include usd accounts for their promo rates.5 Best Savings Accounts of March 2024. Our list of the best savings accounts. By Margarette Burnette. Mar 15, 2024. Edited by Yuliya Goldshteyn. Many or …

For a general emergency fund, you want a high yield savings account at a bank like Ally, Capital One, CIT bank, etc. If you have T-Mobile, you can get a MONEY account. 4% on the first $3k and 2.5% on anything over the $3k. To get the 4% you have to make 10 debit card purchases, so I reload my Amazon gift card for 50¢.The one I use has a savings account that starts at 1.25% APY and doubles to 2.5% APY after 12 months of qualifying credits, i.e. total deposits between $5 and $500 each month. Before finding this, I used a Discover online account that started at 1.0% APY but gradually dropped to .85% APY.We wanted to open up a savings account. And we just wanted to see which banks offer the best deals (APY, Opening Bonus, etc) So far, Ally has offered the highest APY at 3.0%. But a few banks were offering a couple of hundred bucks if we deposited a minimum of a specific amount. Appreciate any responses.When CapOne 360 started offering the current savings account, it was at a higher percentage rate than a different savings account and they didn't tell holders of the older type of account that there was a new offering (they weren't hiding it either, if you visited the website and browsed savings products, you would have seen the new account type and could have just opened …SoFi is great. They have a great Checking account. It's considered a Cash Management or Brokerage account and as of 7/1/2020, accounts with monthly deposits of $500 or more will earn a 0.25% APY (0.25% interest rate). All other accounts will earn a 0.01% APY. OCBC's updated rates seems to be better given that OP is working. Just crediting salary gets you 2% on first 75k. Plus assuming OP is also saving up directly in the bank acc he can hit the 'save' condition by increasing avg bank account balance by $500 every month (+1.2% on first 75k)

Current principal: $0 Annual addition: $300 Years to grow: 17 Interest rate: 0.01 Compound interest: 12 times annually = $5,104.36. Archived post. New comments cannot be posted and votes cannot be cast. You really need to look at the local community banks & credit unions in your area. I haven't seen a national bank offer anything comparable to ...Secondary market through a major player like Fidelity or Vanguard is also a good option as you can sell at any time. Fidelity doesn’t sell the 4 and 8 week bills, only the 13 week for the shortest. Since rates are rising so quickly, the 4 weeks works well. 15.28 Aug 2023 ... The best I've found so far is with MeDirect (registered in Malta at least) 2.0% p.a. MeMax savings. Not aware of any fees involved, but I'll ...

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Open a UTMA account for the kid and put the kid's money into a good growth stock mutual fund or an Index fund and reinvest the dividends into buying more shares. If you want the money to be earmarked for college, make it a 529 account. as some have already said it depends on what you want you are trying to save for.5.65% if you deposit 2k into the cheque account and your balance is higher from the previous month (excluding the interest payment). 5.65% up to 100k then 3% up to a million. It’s under the BOQ umbrella so be aware if you have more than 250k under either BOQ or Virgin Money. Hope that helps a bit :)Literally just about any of them. If you want to keep your banking products together, get Amex. If you want to get 0.70% higher (5.05%) APY on your deposit, then I recommend CIT Bank Platinum savings. Choosing a HYSA is not a complicated thing. If you're going to park money then you want the best APY. I have CIT Bank, Amex, Discover and PNC HYSA.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.A friend of mine suggested I scroll through some different personal finance subreddits, and after spending hours doing that, I walked away with interesting and unique advice that's helped me save ...

DiarrhoeaOverlord. • 1 yr. ago. If you are salaried and eligible for a credit card, consider the UOB One Account. It gives you a range of 3.85-5.00% EIR p.a. depending on your account balance, as long as you credit your salary with them and spends $500/month on their credit card. IMO, the best pairing is the UOB One Account + UOB EVOL Credit ...Some banks offer tiered interest rates. To find the best high-interest rate for you, browse Bankrate's list of the best high-yield savings accounts.I learned a new way to budget, how to get discounts on my bills, and how to get free stuff online. These and other tips have helped me save $2,500 this year already. …Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. That’s to ...When CapOne 360 started offering the current savings account, it was at a higher percentage rate than a different savings account and they didn't tell holders of the older type of account that there was a new offering (they weren't hiding it either, if you visited the website and browsed savings products, you would have seen the new account type and could have just opened …For anything under 25k I would say put it into an account with them. Free, FDIC insured, competitive interest rate .2% last I checked, and makes savings fun and encourages more saving by way of giving you a lotto ticket for every $25 in the account. I've averaged well over 1% every month so far with winnings included.266K subscribers in the Money community. Welcome to /r/Money, a community centered around personal finance, investing, saving, and everything…CIMB. 3.1% p.a. for whatever balance. Promo: up to 4% p.a. if you meet the criterion. Can't recall well but I think it's: 1) 100k Maintaining balance or 2) 1K additional deposit per month for the defined period. kbytzer • 3 yr. ago. If you're after interest rates, avoid the brick and mortar and go for digital banks. For example, an Ally savings account would pay you 0.6% a year. That's $120 a year. Sure, money is money. But I wouldn't consider that kind of return over a year "doing something" for you. You might as well just open a chase savings account for their $150 intro offer. That only requires a $10k contribution. Reddit is a popular social media platform that boasts millions of active users. With its vast user base and diverse communities, it presents a unique opportunity for businesses to ...

Current principal: $0 Annual addition: $300 Years to grow: 17 Interest rate: 0.01 Compound interest: 12 times annually = $5,104.36. Archived post. New comments cannot be posted and votes cannot be cast. You really need to look at the local community banks & credit unions in your area. I haven't seen a national bank offer anything comparable to ...

Previously I had used Sofi Money as a place to hold my savings and especially using its Vaults feature. But now that one can only get 1% from a direct deposit - previously I should use ACH bank to bank transfers and still got the .25%/.50% - I'm sort of out of luck in that department since I use a physical bank to deposit my checks. T-Mobile Money is 2.5% on both their checking and savings, and 4% on checking for the first $3K and 2.5% anything over that amount when you use your card 10x EVERY month. I earn over a dollar each month in both accounts. SoFi is 2.5% for checking and savings, but 3.75% for savings with the caveat you have direct deposit. Here, you can share your financial achievements through pictures and stories, ask questions, and offer advice. Whether it's showing off your savings progress, sharing …Alliant Credit Union is one that is often mentioned - they have a history of paying high rates but right now it's at a lower than the leaders 0.80%. Netspend has a savings account attached to their prepaid card with a 5% interest rate. You can load for free via direct deposit or bank transfer. The plan would be to downgrade to the lowest account and credit card at that point. It’s more about comparing a regular savings account to the benefits of keeping it in the all inclusive. The matter of liquidity is no issue between the two. EQ bank gives 1.25% per year on a savings account at this point in time, returning 63$ within the year. Investing in the Philippines. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. 374K Members. 210 Online. r/phinvest. Real estate is often portrayed as a glamorous profession. Real estate agents, clients and colleagues have posted some hilarious stories on Reddit filled with all the juicy details ...Milli Bank: Boasting a 5.50% APY with no minimum balance requirement, Milli is a strong contender for the top spot. Andrews Federal Credit Union: Offering a 5.75% APY on balances up to $1,000, it’s an excellent option for smaller savers. MyBankingDirect: With a 5.35% APY and a $500 minimum balance requirement, it’s a solid choice for those ...

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Hi there, I'm looking at opening a new savings account (TFSA). I was thinking going with ING, but they recently bumped down their interest rate from 2% to just 1.5%. The highest interest rate I've seen is 2.5% from Hubert Financial. However, they aren't backed by the CDIC and charge you fees for signing up and making transactions.I have my account set to round up any amount I charge to my checking and add the leftovers to my savings. So if I pay $3.24, it will round to $4 and the remaining .76 goes to my savings. This is nice because it builds my savings over time without me having to do anything. Well, I also have my savings account set to cover my checking account in ... The only one I've seen that stands out is the westpac under 30s savings account (can't remember thur exact name). It's a pretty simple google search too if you want exact figures. I use UBank as a HISA due to the low requirements for the bonus interest (currently 1.1%). It's saving account + transaction account, and deposit $200/mth. 1. MLHHEISENBERG. •. Yeah less than $50000 but if your age or amount of money exceed, then it goes down to 3.00%. As I have under $50000, my plan is to keep it there until then but once it exceeds, switch it to the next highest savings …Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. These Reddit stocks are falling back toward penny-stock pric...For savings, I’d go with a HYSA such as capital one, ally, Alliant Federal Credit Union, CIT bank. All offer 2-3% APY while the big banks give you like 0.01% APY. For checking, it’s probably gonna depend on if you do a lot of cash deposits, need physical branches, want ATM rebates, need loan products, etc. 2. There are many options for savings account and a lot offer a high interest rate for a limited promotional time (eg 4.25% for 6 months, then rate reverts to the regular interest rate of 2.25% or some offer like that). What is the highest interest savings account that does not have a limited term rate. Investing in the Philippines. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. 374K Members. 210 Online. r/phinvest.If you don’t want a credit union, Ally is the next best choice imo. We used to have a capital one checking and savings but they gave us quite the run around last year while we were trying to wire money to close on our house. To say I was pretty upset during an extremely stressful time would be an understatement. 4.Money market deposit accounts are essentially the same as savings accounts and have deposit insurance. Money market mutual funds, on the other hand, are mutual funds which don't have deposit insurance to guarantee against losses, though they invest in the lowest risk securities so it is still extremely unlikely you will lose money in them.Like u/DavidTVC15 said, I too have a checking, savings, and CC with Discover, but have only been a client for about two years.. I haven't experienced the issues others experienced either, even after depositing nearly $6,000 into my HYSA with them. From what I've seen and gathered from people who've experienced issues - it seems that accounts that are …I highly recommend Betterment's savings accounts. Their rate is currently .40% and rises with the economy (used to be around 2% in 2019). Plus they have "bucketing" features and refund all (global and conversion fees) debit card fees from their connected checking account. bergmi • 2 yr. ago. ….

14 Nov 2022 ... Best savings account HANDS DOWN . Barclays Rainey day saver currently offering 5.12% AER (up to 5000). To get this account you have to be a ... The first 4 options (529, UTMA, IRA, investment account) are account types that allow for investing based on your time horizon. If your child is young, a more aggressive investment mix may make sense for you (Stock ETFs/funds), and you may want to shift to a more conservative mix over time, depending on your goals for your child (ren). More ... assuming you live in US, open a 529 savings plan once you receive the kids social security number (you have to have it to start a 529). It’s a tax advantaged savings plan for college. You put after tax dollars in now and then for education expenses down the road the investment income is tax free.9 Jul 2023 ... After doing a lot of research, I went with CIT bank (4.95% APY). Only catch is they require $5k minimum balance.Here’s a summary of our top accounts organized by the highest APY that one could get. UFB Secure Savings: Up to 5.25% APY. Bread Savings High-Yield Savings Account: 5.15% APY. Bask Interest ...r/Fire. FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. It's not easy, but it is simple: earn more, spend less, and use the difference wisely. Build a baseline of financial security with the difference first, then use it to invest for your future. That way you can begin to earn financial freedom ... Best high interest savings/checking accounts? I'm considering moving my emergency fund, as well as a few specific savings accounts (for particular house projects) to high interest accounts vs. Our normal bank account. I have a couple of questions: what are the most legitimate online banks for high interest accounts? Open account with Macquarie Move savings into it, after 4 months get your partner to do the same. (If you have one and trust them) After that period move the money into the next bank with the highest rate. Got no partner at the moment. Get your own account with Macquarie. 4 months of 4.5% with no deposit terms. Best savings account reddit, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]