lucky penny
Full time employment: Posting here.
- Joined
- Jan 23, 2010
- Messages
- 735
+1 on the need for a separate thread.
Let's just be careful out there. Losing one's money is a lousy way of fighting back against low interest rates.
+1 for both
+1 on the need for a separate thread.
Let's just be careful out there. Losing one's money is a lousy way of fighting back against low interest rates.
I've never heard of DERI or the Uhaul investors, is this common and does it have a common name? I started reading the Uhaul link and it was interesting. Don't know if I'd invest but never knew this investing existed. Thanks, learned something new.
T-Mobile money pays 1% and is FDIC insured. I think this was mentioned here earlier but wanted to add that it does not require you to be a cell phone customer.
https://www.t-mobilemoney.com/en/faq.html
With CD Rates so low for even longer duration, I'm diverting cash to broker MM accounts at Vanguard & Fidelity. No FDIC but some better yield.
With CD Rates so low for even longer duration, I'm diverting cash to broker MM accounts at Vanguard & Fidelity. No FDIC but some better yield.
The usual bonus promo offers have been coming from banks that want you to open new accounts. I got a surprising one from my own bank last week - move $15,000 into your savings, leave it there for 60 days and you get a $100 bonus! That sounds like 4% to me. Easy enough.
I'm going to do this one later in the month so that the bonus (taxable) is posted in 2021. Due to some CARES Act unemployment this year we are getting close to the ObamaCare cliff. We both started Medicare this year but had a few months of ObamaCare subsidies before that and I don't want to have to pay those back.
PNC had a nice offer too, tranfer in $5,000 and they paid me $300 , before the time is even up.
Is this offer still valid? I did an internet search but couldn't find the info about it. Could you point me to some info? I have an existing PNC account and was wondering if I could take advantage! Thanks!
^^^^ Me. I have their High-Yield Online Savings. I am happy with them.
^^^^ Me. I have their High-Yield Online Savings. I am happy with them.
From what I know they lower the rates last compare to other banks. Are they the first ones to bring it up?
Best (Oct 2020)high-yield online savings accounts
Vio Bank - 0.76% APY
PNC Bank - 0.80% APY
Salem Five Direct - 0.80% APY
Bank5 Connect - 0.75% APY
Popular Direct - 0.75% APY
Citibank - 0.70% APY
Live Oak Bank - 0.70% APY
Pentagon Federal Credit Union - 0.70% APY
CIBC Bank - 0.70% APY
Sallie Mae Bank - 0.65% APY
Synchrony Bank - 0.65% APY
Alliant Credit Union - 0.65% APY
Source: BankRate.com
I only keep $3k in my 6 months EF. So probably no reason to switch for few decimal points difference right?