Best Nationally Available High APY Liquid Accounts

Doesn’t answer the question why they thought Raisin is better than SaveBetter.

I don’t know everything :slight_smile:

Anyone know what Primis’s current rate is for non-early bird accounts? Last I knew it was a quarter-point less, but they’ve removed their rate from their website altogether.

its a marketing decision. to marketing, a chair would be sold as “a seating solution.”

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“a seating solution” sounds better than “raisin.” As far as names go, it’s almost as bad as “Bonvoy.” :rofl:

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How about “scripta?”

That one was created by a committee of one non-marketing person and without commercial aspirations.

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Ally Savings Account rate is increasing to 4.25% APY effective 8/01/23

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E*Trade Premium Savings was 4.0% now 4.25% APY

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Patriot Bank MM(via raisin) was 5.15% now 5.22%
Popular Direct Savings was 5.05% now 5.10%
BankPurely MM was 4.56% now 4.78%
iGObanking MM was 4.56% now 4.78%
Sallie Mae Bank MM was 4.50% now 4.75%
TIAA Bank Savings was 4.50% now 4.75%(1 year intro rate)
TIAA Bank MM was 4.50% now 4.75%(1 year intro rate)
Betterment Cash was 4.50% now 4.75%
Empower Personal Cash was 4.45% now 4.70%
USAlliance Financial Savings was 4.40% now 4.65%
Ally Bank MM was 4.30% now 4.40%
Sallie Mae Bank Savings was 4.25% now 4.50%
Quontic Bank Savings was 4.25% now 4.50%
American Express Savings was 4.00% now 4.15%
Ally Bank Savings was 4.00% now 4.25%
SmartyPig Savings (Sallie Mae) was 3.85% now 4.00%
FNBO Direct Savings was 3.75% now 4.15%

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For anyone grandfathered in to the old Patriot Bank MM from a few years ago, prior to their switching to save better/raisin for new customers, I got the following email today:

Our money market account is experiencing a growth spurt with a new, higher rate of 5.25% APY,* effective August 2, 2023 – so you can give your savings an extra boost.

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Thank you, tripZ for your vigilance and time in updating these rates.

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Primis’ regular rate appears to be 4.96% APR, 5.07% APY according to disclosures form.

Rate for people with promo is 5.04%, 5.16%, not a dramatic difference.

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Marcus was 4.15% now 4.30% APY

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I opened the Republic Bank of Chicago on Sun AM and got the approval Mon at 5PM. 5.2 %. I love that they are a family-owned bank with lots of cash and great reviews mostly. If you call them, they even have a live employee answer the phone in 4 rings! They have been around for a long time.

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I’m not sure if this is the correct place for my question :raising_hand_woman: but I’d like some feedback.

Yesterday I started some research :face_with_monocle: on Vanguard. Many years ago 20+ I used Vanguard and decided to see if they still had my profile. I ended up having to make a phone call and many questions later, they found me.

What do you think about Vanguard’s Federal Money Market account? Deposit $3000 bucks in account at 5.25%. I realize that the interest rate changes often but, considering for liquid money. ??

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For Vanguard, VUSXX may be better because it’s partially state tax free.

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I’m not sure if Vanguard offers something similar, but here is a pretty good article on using Fidelity’s Cash Management Account as a checking and high yield savings account. It is not FDIC insured, but the author explains how to minimize that risk. He explains it very well and makes a pretty good argument.

Once I re-balance, some of my money will be going that route. It will give me a chance to thumb my nose at Discover. :smile:

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I have the Fidelity Cash Management account right now. I’ve had it for some time. I’m keeping their recommendation of $25k, which at this point has increased to $29k+.

But at this time I decided to look at Vanguards Federal Money Market account and compare the funds. Vanguard recommended opening an account with $3k. So that’s why I was wondering if anyone had any advice for me.

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This is essentially what I do at Fidelity. I have almost all my non-CD, liquid savings in FZDXX which is pulling in 5.15%.

Our paychecks go here and I use the bill payer for things I cannot cycle through Paypal Bill Pay. We get our paychecks a day early and I have found the bill payer to be super reliable. Huge fan of the Fidelity account.

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