Right as others have mentioned, it's not $100k in savings, it's $100k total across their stuff. But even if it was $100k savings, you can get ~5% APY at BoA hi

Right as others have mentioned, it's not $100k in savings, it's $100k total across their stuff. But even if it was $100k savings, you can get ~5% APY at BoA high yield savings through Merrill anyways. I don't recommend that since Fidelity works better for that type of account, but you could do it.