Comments on: Best High-Interest Savings Accounts

By: Rob

Rob — Tue, 28 Jul 2020 05:39:24 +0000

In reply to Money Beagle. First Foundation Bank in California, online national high yield savings account rate is 1.20%, minimum dep: 1k / atm access / FDIC insured.

By: Shake The Money Tree

Shake The Money Tree — Thu, 07 Feb 2019 00:34:20 +0000

Great post…Very resourceful and I used info to help me in my decision on which bank to go with

By: Jeff Rose

Jeff Rose — Wed, 18 Apr 2018 23:04:44 +0000

In reply to Stacy Taylor. Hi Stacy - Since you're a non-profit, you don't want to risk any loss of money. Go with a high yield account at an online bank that offers accounts to non-profits. Earning interest is less important than protecting the money, but you might be able to get a decent return anyway.

By: Stacy Taylor

Stacy Taylor — Wed, 18 Apr 2018 18:04:18 +0000

What do you recommend for a non-profit seeking to 1) protect its reserves and 2) earn a little interest while it sits there?

By: Jeff Rose

Jeff Rose — Thu, 18 Jan 2018 01:35:02 +0000

In reply to Sue Perna. Looks like a good deal too Sue. But we kept the list to banks we're familiar with. I've never heard of Dollar Savings Direct.

By: Sue Perna

Sue Perna — Wed, 17 Jan 2018 18:54:32 +0000

You forgot to mention Dollar Savings Direct saving account 1.60% interest rate!

By: djm

djm — Sun, 06 Aug 2017 17:09:36 +0000

Great info. I am with USAA and it’s a great company but not competitive in many areas…agree their biggest asset is one stop shopping which is convenient for the traveling military but at a cost. their savings account returns are terrible (0.3%) including the money mkt rate of return in their brokerage acct of only 0.17%.

By: Joseph

Joseph — Sat, 10 Sep 2016 04:57:45 +0000

This post will probably get a lot of love if and when interest rates get back to a higher and more normal level. I’ve had a good experience with 360 but don’t like having all my edges in one basket so it’s timely reading this.
I do like a good sign up bonus so Chase looks like the early favorite.

By: Money Beagle

Money Beagle — Wed, 24 Aug 2016 13:23:22 +0000

Good info. What’s crazy is that, these days, it looks like people are using the stock market as their ability to earn a return on their money whereas in the past a savings account would have paid pretty well. This is working now with things going up all the time, but if they don’t keep going up (and they won’t), this is a dangerous game.

By: Scott

Scott — Tue, 21 Oct 2014 18:17:14 +0000

I like Bank of America simply because of the Yodlee aggregation/budgeting tool (moved there when Citibank dropped Yodlee).

What I love about ING direct/CapitolOne 360 is the availability of multiple savings accounts – I’m using them as virtual ‘envelopes’ and budgeting that way.