2024 Hysa reddit

So that's about a 1.4X ROI (Spend $40K now to "save" $56K in interest payments) Now let's do compound interest. Continue paying your loan for 30 years, but put $40K into an HYSA at 4.8% APY. $40K into an HYSA that returns an average of 4.8% per year results in $163K saved. That's a 4X return on the investment.. F 45

When he told me that, we agreed to open it. The BMO Alto account was set up by the Bank of Montreal in May according to a representative. It’s the second US account they have created. The website is definitely new. The feature to make a joint account quit working two weeks ago. thegelatoking. The immaterial HYSA yield loss from not using one of the 100 other 2%+ banks is more than made up with instant liquidity between checking <--> savings. MMF's pay more than those other HYSA banks, are easier to access if Schwab is your primary checking, and will adjust faster to rate changes without you having to constantly …A brokerage account lets you choose how to invest your money. Some investments pay interest. Some pay dividends. Selling your investment for more than you bought it for is also income (called a capital gain). If you held the investment long enough, dividends and capital gains might be taxed at a lower rate than other income. Hey y'all, Looking to park ~30k (emergency fund + beginnings of saving for a downpayment) in a HYSA. I've heard good things about Ally, but there are a LOT of options for high yield online banking nowadays, some of which are up to almost 5% interest as of this month. I opened mine a couple months ago when they were offering $450 with deposit of $35000. I had a hard time transferring money from our PenFed savings to discover when I opened my account. So I had PenFed mail me a check then turned around and deposited into Discover account. Received the $450 a few days later in my account. So for example, if I had $10,000 in a HYSA and their interest rate is 4.5%, I could earn $450 in a year from them compared to if I had $10,000 in a regular savings account with an interest rate of 0.01%, where I would only earn $1 in a year?What are High-Yield Savings Accounts? High-yield savings accounts are savings accounts but have interest rates that match up to longer-term accounts (like …Ally's HYSA is at 4.25% and Alliant is at 3.10% while I'm seeing more and more financial institutions over 5% on depositaccounts.com. The problem is knowing which of the top interest payers right now aren't going to pull the rug out like you said. ... Thank you, kind reddit user Best for no minimum deposit: UFB Secure Savings. Best for earning a high APY: Western Alliance Bank Savings Account. Best for no fees: Marcus by Goldman Sachs High Yield Online Savings. Best for ... A real bank has to be, if they want my money in a savings account. Look beyond the webpage. There are more options than those two. Capital one is 3% as well as American Express. Both of those are FDIC insured. To echo u/kveggie1, make sure you use an FDIC insured account. Take the time to find the best fit for you.The only pitfall is not having access to the money during the first year but this doesn't really concern me. Otherwise if rates for HYSA increase in the future you always …Amex hysa is currently earning 3.3% apy. No direct deposit requirement either. Overall, I’ve been very happy with my Amex account. I’m in the process of moving most of my e-fund from Ally at 3.3% to a 13 week T-Bill ladder, due to the 13 week T-Bills currently hovering around 4.5%.In contrast, there are banks and credit unions (usually online only) that offer much higher interest rates. So for example the current average rate is around .40% to .55% and up till pre-2020, it was around 2%. There is nothing particularly special about HYSA vs regular savings accounts other than the interest rates.Are you looking for an effective way to boost traffic to your website? Look no further than Reddit.com. With millions of active users and countless communities, Reddit offers a uni... HYSA recommendations. Investing Questions. Any HYSA recommendations or referrals? Archived post. New comments cannot be posted and votes cannot be cast. Sort by: Open comment sort options. weedmylips1. • 8 mo. ago. Put in vanguard settlement account that's invested in VMFXX currently getting 4.75% junger128. • 8 mo. ago. In contrast, there are banks and credit unions (usually online only) that offer much higher interest rates. So for example the current average rate is around .40% to .55% and up till pre-2020, it was around 2%. There is nothing particularly special about HYSA vs regular savings accounts other than the interest rates. HYSA, FDIC insured. interest fully taxable. Funds are considered fairly liquid, 2-5 days I'd guess. CD's , FDIC insured. Interest fully taxable. Funds are locked for the term of the CD. MMMF, no FDIC, but thought to be really really safe anyway. Interest taxability depends on the fund, some invest in treasuries, so a percentage would be state ... Prospective hysa and Roth IRA customer. Hello everybody, I in my early 20s trying to become more financially literate and trying to set up my future self to be more financial secure. My first steps towards these goals are to open a HYSA and a Roth IRA. After figuring these accounts out, I will start investing (this I might do …worst experience of my life 2 weeks back and forth with the stupidest (outside of tmo's filipino call center) agents in the world. 30 seconds to open a chase acct today. 2 weeks to NOT open a Bask Bank account. I have tried twice to apply for the mileage account and I keep getting denied.Best HYSA accounts you would recommend and why. I’m interested in getting a HYSA. I’ve wanted to know what you would recommend regarding a bank with a good rate as well …High Yield Savings Accounts' (HYSA) interest rates will fluctuate all the time, and without warning, according to the national average. Naturally, it's a very competitive market. I highly suspect that this is just an introductory rate to attract new customers, although the current average (for a high yield savings account) is not much lower …Feb 4, 2567 BE ... A bit confused with your question since HYSA are savings accounts with banks. I keep mine in Money market or short term treasury ETF which gets ... CIT has the highest rates I know of. A little slow when it comes to transfers though. Marcus is also good. Capital One has lower rates but is very easy to use. 2. Bordercrossingfool. • 8 mo. ago. CIT transfers are much slower than Marcus. With CIT it is usually better to initiate a transfer to CIT from the other bank. High Yield Savings Accounts' (HYSA) interest rates will fluctuate all the time, and without warning, according to the national average. Naturally, it's a very competitive market. I highly suspect that this is just an introductory rate to attract new customers, although the current average (for a high yield savings account) is not much lower …A total bond index is used by many investors, which has an average duration of 6-8 years typically, and a more advanced method that is in line with matching your investment horizon would be to use long term (20-30 year) treasury notes or, TLT etf etc. I bonds are likely very good use of space for retirement money but < 1 year t bills and HYSA ...So for example, if I had $10,000 in a HYSA and their interest rate is 4.5%, I could earn $450 in a year from them compared to if I had $10,000 in a regular savings account with an interest rate of 0.01%, where I would only earn $1 in a year?They might charge the person (or business) borrowing the money 5% interest for example. Many banks only pay you 0.01% interest on that deposited money and they keep the remaining 4.99% for themselves. With a high yield savings account, the bank pays you a higher percentage on your money, so maybe 2%. Most of the banks that do this have a large ...SoFi is pretty good if not the best HYSA, they became an official bank last year so they are FDIC insured and give 3.75% APY when doing they direct deposit no matter the amount and is for both checking and savings account. ... This is the global dual-language Reddit home of the country Vietnam. Chào mừng bạn đến với ngôi nhà trên ... Best for no minimum deposit: UFB Secure Savings. Best for earning a high APY: Western Alliance Bank Savings Account. Best for no fees: Marcus by Goldman Sachs High Yield Online Savings. Best for ... Get app Get the Reddit app Log In Log in to Reddit. Expand user menu Open settings menu. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; ... My girlfriend and I are looking to open a joint HYSA so we can have a percentage of our paycheck sent to savings for a home. We both currently use PNC bank for our personal accounts, but ... Ally's HYSA is at 4.25% and Alliant is at 3.10% while I'm seeing more and more financial institutions over 5% on depositaccounts.com. ... Thank you, kind reddit user Thanks! UPDATE: This post looks like it is still getting some traction, I did decide to sign up for Wealthfront since this post and wanted to give my own thoughts and opinions. - Wealthfront is different from other traditional high yield savings account, where Wealthfront does not offer the standard HYSA - instead you are opening a "cash" account. 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 …Feb 4, 2567 BE ... A bit confused with your question since HYSA are savings accounts with banks. I keep mine in Money market or short term treasury ETF which gets ...Roth IRA - tax free when you want it. Keep 3 months of emergency fund in your HYSA. I was doing treasury bill ladder to for emergency fund but that looks to be moving. Your approach is technically less “optimal” than dumping it all in now, but your approach dollar-cost averages which is plenty healthy to do in uncertain times. The best HYSA on the market right now? Sorry, this post was deleted by the person who originally posted it. Share. Sort by: Best. Open comment sort options. Best. Top. New. Controversial. Old. Q&A. Add a Comment. OwwMyFeelins. •• Edited. Vmfxx at 5.14% as of today (5.23.23) With a high APY of 4.35%, Barclays Bank’s high-yield savings account includes many of the same features as other similar accounts, including secure 24/7 account access, free online transfers ...The immaterial HYSA yield loss from not using one of the 100 other 2%+ banks is more than made up with instant liquidity between checking <--> savings. MMF's pay more than those other HYSA banks, are easier to access if Schwab is your primary checking, and will adjust faster to rate changes without you having to constantly … Some ppl may even say keep all in HYSA because 6 withdrawal limit is lifted. I like about a months expenses, just in case there's any issues getting paid. The emergency fund goes into HYSA. My regular monthly expenses are about $2,500, so I aim for a maximum of $3500 and a minimum of $500 in checking. Cancel the transfer before it completes, (you can do this immediately) Discover will credit you with another $50, since their system sees it as $20K total deposits. Then open a HYSA with Capital One with bonus code SAVE1000. Transfer your $15K and wait the 90 days for the $200 bonus to post. You've just earned $400 bucks in a few months and ... Transitioning my HYSA to I Bonds. I know I'm a bit late to the party here, but bear with me. I have an HYSA with ~$10,000 stashed away for emergencies, etc. I get a decent APY, but after reading about I bonds on here I think it might make sense to split up this $10k. I'm planning to move around $5k into I bonds and leave the rest in the HYSA.Quick Answer. High-yield savings accounts provide larger returns on your savings, making them a valuable vehicle to save money. The amount you should save …Some ppl may even say keep all in HYSA because 6 withdrawal limit is lifted. I like about a months expenses, just in case there's any issues getting paid. The emergency fund goes into HYSA. My regular monthly expenses are about $2,500, so I aim for a maximum of $3500 and a minimum of $500 in checking.I personally split the difference - I have some in a MMF and some in a HYSA (note: avoid Citibank if you ever want to see your money again). The only reason I could think of is that it usually takes longer to move money (e.g. ATM, wires, transfers) around with a money market account vs. a HYSA, especially in an emergency or otherwise time ...If you can find an invite, HMBradley is a good spot to park up to $100k at up to 3.5% and lots of fine print; Series I bonds are 3.5+% right now if you can tolerate a one-year lock-up; otherwise you're looking at ~0.5% most places. If you have access to a consistent 0.75%, it's worth exploring to see what the terms are. Yeah but series I bonds ...Question about Western Alliance Bank. Saving. Hello everyone I recently deposited $60,000 using the website called savebetter.com and my money is currently sitting in a high yield interest savings account with Western Alliance Bank Western Alliance Bank is supposedly on the verge of collapse should I withdraw my money as soon as possible or ... If I were to use Apple Pay + HYSA, I would get 2% back right away, which is $0.60, then, after one year, that $0.60 grows to all of $0.63. So I am way ahead, almost double, using the Costco card, for gas. So it makes the best sense to use the Apple Pay + HYSA anytime the return on the other card is 2% or less. Transitioning my HYSA to I Bonds. I know I'm a bit late to the party here, but bear with me. I have an HYSA with ~$10,000 stashed away for emergencies, etc. I get a decent APY, but after reading about I bonds on here I think it might make sense to split up this $10k. I'm planning to move around $5k into I bonds and leave the rest in the HYSA. CIT has the highest rates I know of. A little slow when it comes to transfers though. Marcus is also good. Capital One has lower rates but is very easy to use. 2. Bordercrossingfool. • 8 mo. ago. CIT transfers are much slower than Marcus. With CIT it is usually better to initiate a transfer to CIT from the other bank. A lot of people have been talking about I Bonds but if I do the math, I think i'm better off keeping the cash in an HYSA? Let's say I have $70,000 in…UFB Direct. Milli. Zynlo Bank. Synchrony Bank. EverBank. Upgrade. Maximize returns: With APYs often several times higher than those offered by traditional savings accounts, high-yield savings ...SoFi is pretty good if not the best HYSA, they became an official bank last year so they are FDIC insured and give 3.75% APY when doing they direct deposit no matter the amount and is for both checking and savings account. ... This is the global dual-language Reddit home of the country Vietnam. Chào mừng bạn đến với ngôi nhà trên ...May 26, 2566 BE ... I just opened my Platinum HYSA only catch is you have to make sure you maintain a balance of $5000 or more to receive the 4.85%.by Adventurous-Card-273 . View community ranking #37 in Largest Communities. Betterment HYSA @ 4%. Any reviews? Betterment is increasing the APY on their HYSA from 3.75% to 4%. I wanted to see if anyone over …On that same day, SPAXX charted at 3.5% and was at 3.8% by 12/22/2022. JayFBuck. • 1 yr. ago • Edited. The yield is net of the expense ratio. That means it's actually 4.19% - 0.42% = 3.77%. The expense ratio is irrelevant to you. What matters is the listed yield. r/fidelityinvestments.The only pitfall is not having access to the money during the first year but this doesn't really concern me. Otherwise if rates for HYSA increase in the future you always …I personally split the difference - I have some in a MMF and some in a HYSA (note: avoid Citibank if you ever want to see your money again). The only reason I could think of is that it usually takes longer to move money (e.g. ATM, wires, transfers) around with a money market account vs. a HYSA, especially in an emergency or …Question about Western Alliance Bank. Saving. Hello everyone I recently deposited $60,000 using the website called savebetter.com and my money is currently sitting in a high yield interest savings account with Western Alliance Bank Western Alliance Bank is supposedly on the verge of collapse should I withdraw my money as soon as possible or ...it’s normal. many banks have a interest rate of 4-5%. the issue is that it’s just a HYSA and the APY can go down at any time without a heads up. if you aren’t looking to spend your savings soon, i would look into a cd. the …Marcus by Goldman Sachs currently offers 4.15% I believe and there’s no direct deposit required. You need to open a Sofi Banking account (checking plus savings) and direct deposit any amount to get that bonus. There are better rates out there but most are either 3 month to 1 year promo periods OR limit the amount that gets the …You owe tax on the interest earned. Simplistic calculation: $700 + $520 = $1,220 x interest rate (using 0.50% for an example) = $61 in interest in year 1. You would owe whatever tax rate you're at. If 20% then you'd owe a whopping $12.20.Feb 4, 2567 BE ... A bit confused with your question since HYSA are savings accounts with banks. I keep mine in Money market or short term treasury ETF which gets ...February 28, 2023. In November 2022, we announced our newest product — a high-yield savings account for our M1 Plus users to begin earning a competitive 5.00% APY* return …If you just want a HYSA with a bit higher return than Ally, you can also look at Marcus. The no penalty CDs there are 2.35% and its regular savings seem to almost always be at least 0.05% higher than Ally. But I think there's nothing wrong with CIT. Many people in this forum use it after all. seatcord.4 days ago · 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 ... Wealthfront is my only taxable account and my goal is tax efficient growth over next 25 years. Currently sitting at 110k in the cash account, 38k in the investment account, and 10k in the bond portfolio. Will hold back $25k in cash for emergencies but would like advice on allocating the rest (and over what timeframe).Hey everyone, I know this question has been asked many times before, and have done my own research as well, and am currently leaning towards a CIT hysa at 5.05% as of Jan …I didnt save anything until December. Sock away a couple pay checks in HYSA, delay paying until April 15th on the dot and be done. Not hard. If you can calculate your estimates have three W2s should be easy peasy. Its just entering #'s into turbo tax. You're done in an hour, no different than changing jobs mid year. No need fancy CPAs for that.Mar 2, 2566 BE ... How do you choose a HYSA? · 2.5-5% APY on your checking AND savings $$ that compounds monthly and is a fixed rate (has not gone down or up ...Sep 2, 2566 BE ... Both MM and HYSA are good btw. Main diff is MM is not FDIC insured but it's so low risk anyway. And if Vanguard fails we're all screwed at that ...Hey everyone, I know this question has been asked many times before, and have done my own research as well, and am currently leaning towards a CIT hysa at 5.05% as of Jan …r/HYSA_Discussion: Community to discuss the best HYSA accounts currently available.Paulsur • 1 min. ago. Last year an HYSA would have lost money compared to rate of inflation. Here is performance for SPHD: 1-Year-0.43%. 3-Year8.51%. 5-Year2.65%. 10-Year7.71%. Pretty good if you are using SPHD as part of … Some ppl may even say keep all in HYSA because 6 withdrawal limit is lifted. I like about a months expenses, just in case there's any issues getting paid. The emergency fund goes into HYSA. My regular monthly expenses are about $2,500, so I aim for a maximum of $3500 and a minimum of $500 in checking. HYSA alternatives on Fidelity or Schwab? Money market funds at these brokerages have very good +4% APYs. (SPRXX, SNVXX) Both also offer checking with very good benefits, no fees and I’ve had good experience with their customer support. It seems to me that these might be a replacement for an HYSA/Checking account, on top of also holding ...High Yield Savings Accounts' (HYSA) interest rates will fluctuate all the time, and without warning, according to the national average. Naturally, it's a very competitive market. I highly suspect that this is just an introductory rate to attract new customers, although the current average (for a high yield savings account) is not much lower …Mar 2, 2566 BE ... How do you choose a HYSA? · 2.5-5% APY on your checking AND savings $$ that compounds monthly and is a fixed rate (has not gone down or up ... Ally's HYSA is at 4.25% and Alliant is at 3.10% while I'm seeing more and more financial institutions over 5% on depositaccounts.com. ... Thank you, kind reddit user I personally split the difference - I have some in a MMF and some in a HYSA (note: avoid Citibank if you ever want to see your money again). The only reason I could think of is that it usually takes longer to move money (e.g. ATM, wires, transfers) around with a money market account vs. a HYSA, especially in an emergency or …So, i'm shopping around for high yield savings accounts , and am liking that on review sites like depositaccounts, and reddit, Wealthfront seems responsive and has good reviews from a customer service standpoint ... However, I would say that your questions are geared towards the nature of HYSA rather than WF specifically. …Look at the historical trend and that should put you at ease. A Roth and a HYSA completely different types of accounts. One is for your later years to sustain you and the other should just be for small goals and/or emergency funds. You are down less than 4% in a year when the market was down about 20%. Best for no minimum deposit: UFB Secure Savings. Best for earning a high APY: Western Alliance Bank Savings Account. Best for no fees: Marcus by Goldman Sachs High Yield Online Savings. Best for ... It's a good savings strategy. Haven't had any problems with synchrony yet. In the online world, this is much much much more common than you may be envisioning. If you're not committed to Synchrony, there are plenty of other options. You can get higher than that -- BrioDirect pays 2.15% for any amount.it’s normal. many banks have a interest rate of 4-5%. the issue is that it’s just a HYSA and the APY can go down at any time without a heads up. if you aren’t looking to spend your savings soon, i would look into a cd. the …11K votes, 1.2K comments. 5.3M subscribers in the YouShouldKnow community. I’ve been using Prosper. It’s kinda like kickstarter for debt. Someone wants $10,000 to refinance their credit card debt and that debt is split into $25 increments and sold to investors who get a cooresponding share of the interest and principal payments monthly. Ant10117. •. Your statement is true for APR (annual percentage rate) but 5% annual percentage yield (APY) is 5% growth so $1,000 would become $1,050 after one year either way. SoFi takes your daily balance and calculates the interest (based on the APR not APY) but they do not apply that interest to the account until the end of the month ... I have been using a HYSA for this to keep a few thousand dollars, but am curious what benefit a mutual fund like SWVXX would offer over a HYSA. ... As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity …Both are perfectly valid picks; one is cash and the other is an investment. Keep in mind that the MM fund is not "offering" you 2.5%; the actual return will swing slightly with the markets. Pick whichever you like, or from any number of other options. Some people would argue the HYSA is safer given FDIC, but I wouldn't worry too much.Either is a fine choice. But in most cases, there is relatively little benefit to the money market over a HYSA. Rates on money markets tend to be a bit more volatile than HYSAs. And most people find HYSAs to be more convenient. My bank, Onyx Private, now offers 3.9% APY on their HYSA and its FDIC insured.CASH Currently paying about 1.75%/YR in FDIC-insured format (HYSA) or 2.25% in ETF format and around 2% in MMF format. Short government bonds SGOV 1.82%. Short term Corporate VCSH 3.95%. Etc. I got lazy. Generally, the farther out into the future you go, the more yield you can get (and more risk, go figure!).Either is a fine choice. But in most cases, there is relatively little benefit to the money market over a HYSA. Rates on money markets tend to be a bit more volatile than HYSAs. And most people find HYSAs to be more convenient. My bank, Onyx Private, now offers 3.9% APY on their HYSA and its FDIC insured.

CASH Currently paying about 1.75%/YR in FDIC-insured format (HYSA) or 2.25% in ETF format and around 2% in MMF format. Short government bonds SGOV 1.82%. Short term Corporate VCSH 3.95%. Etc. I got lazy. Generally, the farther out into the future you go, the more yield you can get (and more risk, go figure!). . Electric car gm ev1

Hello esteemed personal finance subredditors! I am currently in the market for a new HYSA to store some cash. Ally is at the top of the list as I see it recommended over and over again, but I am also considering ufb Direct. Ally is currently offering 2.25%, ufb is offering 3.11%. On the face of it ufb seems like the way to go but seeing as …Apr 3, 2566 BE ... 4% of $150 is $6 (this is for the entire year, not each month), divided by 12 months would be $0.50 per month, and the amount would be prorated ...Look at the historical trend and that should put you at ease. A Roth and a HYSA completely different types of accounts. One is for your later years to sustain you and the other should just be for small goals and/or emergency funds. You are down less than 4% in a year when the market was down about 20%.SoFi Bank, N.A. is a digital experience powered by the SoFi app featuring SoFi Checking and Savings accounts that allow you to save, spend and earn cash-back all in one place. Members can earn up to the highest APY on their Checking and on Savings with active direct deposit. Members without direct deposit will still earn …My personal credit card has a limited time offer to transfer funds into a performance higher yield savings account. My USAA Savings account gets 0.01%, and a USAA Performance First account would get increasing APYs, but for comparison sake, 0.5% at $50,000. My personal credit card, for $50,000, is offering 2.35% AND a …So that's about a 1.4X ROI (Spend $40K now to "save" $56K in interest payments) Now let's do compound interest. Continue paying your loan for 30 years, but put $40K into an HYSA at 4.8% APY. $40K into an HYSA that returns an average of 4.8% per year results in $163K saved. That's a 4X return on the investment. r/fidelityinvestments. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. HYSA yields are more variable than money market yields, and do not follow federal funds rate as closely. Another key benefit of money markets is a portion of money markets are state tax exempt. If you live in a 50% state, such as CA or NY, money markets may be fully state tax exempt, depending on the specific components of the money market ...6.17% at Digital Credit Union. $1,000 limit. 6% at H-E-B Debit. $2,000 limit. Requires some activity every 90 days to avoid fees, a $1 ACH push is sufficient. 4.07% at Genisys Credit Union. $7,500 limit, requires 10 debit purchases of $5 … Recommendations for HYSA? : r/Bogleheads.   Go to Bogleheads. r/Bogleheads. Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify with low-cost index funds and let compounding grow wealth. Jack founded Vanguard and pioneered indexed mutual funds. r/HYSA_Discussion: Community to discuss the best HYSA accounts currently available.Best for no minimum deposit: UFB Secure Savings. Best for earning a high APY: Western Alliance Bank Savings Account. Best for no fees: Marcus by Goldman Sachs High Yield …If you can find an invite, HMBradley is a good spot to park up to $100k at up to 3.5% and lots of fine print; Series I bonds are 3.5+% right now if you can tolerate a one-year lock-up; otherwise you're looking at ~0.5% most places. If you have access to a consistent 0.75%, it's worth exploring to see what the terms are. Yeah but series I bonds ...BouncyEgg. • 1 yr. ago. There's some slight, but not significant, increased risk utilizing a money market fund (use the words "breaking the buck" in your research). But yes, the 7 day SEC Yield is pretty much directly comparable to a bank/CU's published APY. Consider SPRXX for even more slightly (again pretty much insignificant) risk and yield. When he told me that, we agreed to open it. The BMO Alto account was set up by the Bank of Montreal in May according to a representative. It’s the second US account they have created. The website is definitely new. The feature to make a joint account quit working two weeks ago. thegelatoking. Jan 22, 2566 BE ... HYSA's have limited withdrawals (6/month, e.g.) and I just don't think they were a thing when I was growing up. And many don't have physical .....joelly. Posts: 502. Joined: Mon Oct 27, 2008 4:22 pm. Any thoughts on Western Alliance Bank HYSA. by joelly » Fri Jun 23, 2023 10:21 pm. Hi Everyone, I got …Some ppl may even say keep all in HYSA because 6 withdrawal limit is lifted. I like about a months expenses, just in case there's any issues getting paid. The emergency fund goes into HYSA. My regular monthly expenses are about $2,500, so I aim for a maximum of $3500 and a minimum of $500 in checking.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’ve heard around here that Ally is pretty awesome as a “high yield” account. But, I think they just lowered their rate to 1.9%. I was bummed out, but American Express is still offering 2.1%. Not a huge difference, but I would still like to maximize interest. But, since most people here have talked about ally, I wanted to ask before ....

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