Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is it safe to move mothers savings to high interest online banks?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m POA for my 81 yr old mom. She has a few checking accounts totaling about $500,000 and see that both banks have very low interest rates. I started looking online and there are banks offering 5% on savings accounts. No penalties no fees. I’ve researched and it seems to be all legitimate and safe and FIC secure up to 250k. Of course I would use two different banks. [/quote] Which banks are offering 5% on savings?[/quote] Nerd wallet publishes this info monthly (of c fine print): https://www.nerdwallet.com/best/banking/savings-accounts [/quote] Yeah, no such thing as 5% saving there. The best rate is 4.25[/quote] https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/[/quote] Thanks for the link![/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
