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We wouldn't need to do research if you just told us which money market you chose to invest in.
by jonny_eh 8y ago
We wouldn't need to do research if you just told us which money market you chose to invest in.
- mdorazio 8y agoNo idea where the parent poster is getting 2.26% but best guess is Customers Bank [1] that comes with a 25K minimum. However, you can get 1.8% on a normal savings account at Ally [2]. [1] https://www.customersbank.com/ascent/ https://www.customersbank.com/ascent/ [2] https://www.ally.com/bank/savings-account-rates/ https://www.ally.com/bank/savings-account-rates/
- astura 8y agoThe account I have is not accepting new accountholders. I said "homework" because you might have different needs than me - you may want to do a few debit card purchases a month for a higher interest rate in a rewards checking account vs set it and forgot it in a money market account. You might have different accounts based on where you live. There's also different accounts that might make more sense if you have less money vs more money with caps, limits, etc. A good overview is here: https://www.doctorofcredit.com/high-interest-savings-to-get/ https://www.doctorofcredit.com/high-interest-savings-to-get/ This is the account I have: https://www.doctorofcredit.com/northern-bank-direct-2-26-apy-money-market-account/ https://www.doctorofcredit.com/northern-bank-direct-2-26-apy...