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[quote=Anonymous]Since you already have Vanguard, just open up one of their Cash Plus accounts:
https://investor.vanguard.com/accounts-plans/vanguard-cash-plus-account

They have high yield bank sweep account at 4.5% with up $1.25M FDIC insured (they broker your deposits to insured banks) within the Cash Plus program. You get a routing and account number for doing direct deposit, using payments apps, etc.

You can also buy from 5 money market funds in the Cash Plus account. These are separately insured up to $500K total in securities by SIPC. I keep pretty much all my savings in VUSXX money market fund which is paying 5.26%. This is beating the pants off any of the HYSAs offered by banks, even after the annual management fee (0.09%). 
https://investor.vanguard.com/investment-products/money-markets

If I need the money, I sell the VUSXX and it takes a day to settle in my Cash Plus bank sweep account. It then takes another day to send my Cash Plus balance to my checking account at my traditional bank. No big deal. [/quote]

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