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What’s the most competitive HYSA rate at the moment?
by sergiomattei 3y ago
What’s the most competitive HYSA rate at the moment?
- yurishimo 3y agoI have 4% on a normal savings account at Ally. Assuming the current trend of rate hikes continues, I should make a few hundred bucks in interest this year, which is nice! I live overseas currently so switching isn't really feasible at the moment so it's nice I have a bank that is generally on top of providing good returns for their customers.
- ch4s3 3y agoWealthfront is doing 4.3%, CIT is at 4.75%, Vio Bank is at 4.77%. and UFB Direct is at 5.02%. They offer different advantages and services beyond just the rates, so check them all out.
- Mouse47 3y ago3.75 at discover. I can't speak much to their customer service since the money just pretty much goes in and comes out lol
- apple4ever 3y agoI've had their credit card for decades and they've been great on the rare occasion I need them.
- Rebelgecko 3y agoKeep in mind that lot of smaller banks will advertise fairly high rates like 5-6% for a few months and then fall back down to the prevailing rate or even lower (a HYSA with a better return than treasuries is a red flag). IMO better to find a bank that is consistently near the top rate, unless you want to deal with the hassle of moving banks quarterly.
- mrep 3y agoWhy not use a money market account? Vanguard defaults to putting any cash I move there into one and is getting 4.76% currently.