Toyota Income Driver is pretty decent if you can go without FDIC. Currently pays 1.15%, overnight ACH transfers and huge transfer limits. There is no limit to the number of transfers you can do a month, but you can only have one ACH link. Incoming fund transfers are available on T+3.
https://www.incomedrivernotes.com/en.html
Toyota Motor Credit Corp is rated A+ by Fitch.
I have had tha for 11 months. was 1.35% at that time. if they own Lexus and Toyota, I think they will stay around for a while.
$100 bonus for brining $10k in new money to Marcus and holding for 90 days. Current interest rate is 0.50%.
For the Marcus deal, if you already have money there, you can transfer it out first, then sign-up for the bonus and then transfer it back in and you will still meet the qualifications. It’s worked that way with their prior bonuses. This is a pretty good deal. $100 for $10,000 for 90 days is a 4% annualized return on top of the 0.5% (0.6% with the AARP promo) that it already pays.
Workers Credit Union is in Massachusetts. Anyone may join and cost to join is low. Here is their rate table:
Note in particular rates for their Saveup Savings product offering
I am not a participant at Workers so you will have to figure out the details for yourself, or call them. But their various interest rates on the Saveup Savings might be worth a look.
.55% with the “regular” interest added in
Wondering if anybody has seen attractive bonuses for new bank accounts -either savings or checking- in the last few days? Some fresh money needs a home for a few months.
certain states have Santander Select Checking. $400. bonus for DD of 6k (WFargo works) can be any amt adding up to 6K. Plus add 500. or more, keep it in for a certain term, and get 600. for 6500. PSECU…I live in NY and opened this. BUT Hard pull for 250 bonus if you think its worth it. Some hoops. DD of 200 for 6 months, but you can withdraw it when you want, plus 500 DD to open for bonus. Schwab Mnoney link works. DOC has many more. HSBC has some good ones.
You probably know about DOC web site but just in case…
Thank you very much, gremIn007. I’ll take a look.
Thank you very much, barrytuneup. I’ll look into it.
Have any of our fragile friends checked on T-Mobile MONEY? It looks like another option for liquid funds placement.
I’m checking around for at least a 1% interest rate for CD’s maturing soon. I have Connexus CU money mkt paying .81%. Or Kessler 1-step CD 1.05% (I think 1 yr CD).
They keep saying interest rates are going to rise, but I don’t see it happening. Any suggestions appreciated…
The thread above is about T-Mobile Money. These fintechs aren’t exactly known for stellar customer service. Personally I would look at some of the CU’s at Ken’s site if I wanted to eek out some extra interest over the .5%-ish that the mainstream CUs and online banks have been offering.
I’ve been using T-mobilemoney for at least a year and I haven’t had any problems.
My wife and I both have accounts. We both get the 1%. We don’t even try for the 4% on the $3K.
I have T-Mobile Money also…actually i like the account a LOT…and they even have an excellent bill pay…it is actually run for them through BankMobile digital banking which uses Customers Bank as the actual bank…And their “online interface” and mobile app are great…
Their transfer limits for external accounts is rather low (only $3,000 per day in or out) although you can push or pull as much a you want from other bank’s ach systems…
However, the problem with them is: 1) You cannot open Joint Accounts 2) You cannot add Beneficiaries which could be a major problem should you “pass on” as it were since your beneficiaries would need to get the funds out through using probate court…
That is the only thing that is holding me back from putting any substantial money in it…
Only easy way around that would be to have your beneficiaries log into, say your Alliant Cu account and pull the money in from T-Mobile Money…which “technically” i think is considered illegal…
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I have a dormant sofi account. It’s actually pretty good… and at 1% APY up to $50k, it’s not a bad deal. I would pick that over T-Mobile Money given that Sofi is now an actual bank, and they are not some fly-by-night fintech operation.
There were some issues when they moved to MC from Visa, where some customers encountered fraudulent charges on their never used debit cards… but recently I haven’t seen any reports.
Actually, you can get 1% on up to $150,000…When they upgrade you…you can get $50,000 on Checking $50,000 on Savings and $50,000 on a “Vault” account (which is attached to savings)…
Only one requirement to get the rate, though…you would need to transfer a REAL direct deposit to them…Ach Push Ins from other banks won’t work…
Thanks for all your responses on T-Mobile MONEY. I’m satisfied with everything I’ve read here and all the information online.
So opening the account was easy enough. I’m using some of my personal accounts for funding now. From reading it looks like $3k is allowed by internal ACH. That’s going to work until I can set up my own outside external ACH transfers.
I’m going to be transferring my maturing CD’s soon and T-Mobile MONEY 1% rate will help a lot.
I appreciate everyone’s help. Thanks 
.