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Reply to "Best High Yield Savings Account"
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[quote=Anonymous]I have $1000 set aside as an emergency fund (not a lot I know - I don't make as much as you folks!) in a high yield savings account that earns an interest of 0.74% each month. That is Capital One 360, formerly ING Direct. I've been reading about Synchrony Bank, which has a high yield savings rate of 1%, and am sorely tempted to just close my Capital One 360 account and move everything to Synchrony. As far as I can tell, it's fee-free as long as you maintain a minimum balance of $50? Is there any catch I'm not seeing? Anyone here bank with Synchrony?[/quote]
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