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Any recommendation? I need to move about 80k from my current saving account to a new one.
If there is anywhere else I could park this money (beside stocks), I welcome suggestions. TIA |
| OP here, Btw I already checked bankrate, I was wondering if there is anything else, or accounts with sign in bonuses. |
| I am still sitting on almost 500k w/ ally earning 1%. There really isn't anything more attractive. Citi has an offer - 1500 if you transfer 200k (but less bouns for smaller transfer) but i decided not to move. |
Ha thanks, I have the same problem. DH and I have about 500k on a saving account and I have an extra 80k on my personal account with same bank and just realized part of it will not FDIC insured, so I need to move it. I think I will do Ally Bank for long term and maybe do chase saving for the $150 bonus...not sure it is worth it though... |
| Move it to Ally Bank and call it a day. Ally has the best online and mobile interface. while still giving 1% |
| Lolol! Thanks for the laugh OP!! |
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Why isn’t it FDIC insured? |
I am sure PP meant it's over 250k FDIC limit. So anything over 250 is not insured. |
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Actually Synchrony is offering 1.05% now.
After that, Ally, Barclays and PenFed is 1%. |
This is why you want to open up several accounts. So you can park your money upto $250K without stressing out. Also do CD ladder. Google credit unions. They sometimes have much better rates than banks. They do this to increase their deposits and ranking. |