Good point. It’s only 2.5% here in AZ (thanks Ducey!) So I guess I’ll go with FZDXX
Does Ameritrade have money market accounts with a low minimum and decent interest?
Most of my savings is currently at Primis Bank with a 5.16% yield.
I believe Schwab’s MMFs are now the only ones available at TD Ameritrade. Try SWVXX.
Have been for a while.
Does Ameritrade exist any more? Or are they still in the process of migrating accounts to the Schwab system?
They still exist but indeed are migrating accounts to schwab…slowly but surely 
They are moving people over in batches so will probably take the rest of the year to complete this…
When your account is being moved you will get notified and from that point you will be logging in at Schwab.com…
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Nice! That’s the same as a short-term T-Bill but without the hassle. But why does it have to be with Etrade?
I suspect, but am not certain, that it is due to buy/sell fees. Regardless, I’m shocked to see a Gabelli fund with a leading return. I haven’t followed them for at least a decade, but found them to have middle of the road, at best, returns. This is a true surprise, and leads to me re-look at other funds that I’ve dismissed.
UFB Direct Priority Savings and Priority Money Market were 5.06%. Both replaced with UFB Direct High Yield Savings and High Yield Money Market both paying 5.25%.
The three most common brokerages, Fidelity, Schwab and Vanguard only sells their own money money funds to retail investors. So this rules them out and leaves only the less common brokers.
I found GABXX on Etrade when I did a fund screener. Previously I had transferred some assets to Etrade to qualify for a bonus.
I believe GABXX is also available on Chase’s self-directed investment platform.
Merrill also has some compelling money market funds, but it does not offer GABXX.
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Western Alliance Bank Savings (via raisin) was 5.20% now 5.25%
Total Direct Bank MM was 5.20% now 5.26%
SkyOne FCU MM (via raisin) was 5.05% now 5.24%
Connexus CU Savings (via raisin) was 4.75% now 5.26%
CIT Bank Savings Connect was 4.6% now 4.65%
American Express Savings was 4.15% now 4.25%
Live Oak Bank Savings was 4.00% now 4.15%
New raisin accounts:
Greenwood CU Savings 5.25%
Oklahoma State Bank MM 5.21%
Border Bank MM 5.21%
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Popular Direct Savings was 5.15% now 5.20%
Primis Savings and Primis Checking 5.07% - new account opening available again
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Betterment is offering 5.50% until the end of the year.
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Optimum Bank MM (via raisin) was 5.22% now 5.25%
CFG Bank MM was 5.17% now 5.20%
Vio Cornerstone MM was 5.15% now 5.25%
Hanover Bank MM (via raisin) was 5.15% now 5.26%
Colorado Savings Bank Savings was 4.25% now 4.40%
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Oklahoma State Bank MM (via raisin) was 5.21% now 5.25%
Valley Direct Bank Savings was 5.00% now 5.25%
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Primis says they will refund wire fees from other banks for incoming funds. They don’t charge for incoming wires and they say you have to provide documentation of the fee charged plus they will pay you an additional $10.00. Still seems like a hassle but they have low ACH limits, and you can be compensated $10 for your efforts.
ACH limits: $6000 per transaction, $18,000 per day, $100,000 per month. For both incoming and outgoing.
I deposited more than these amounts earlier in the year, so I don’t know when ACH restrictions started.
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CFG Bank MM was 5.20% now 5.25%
EverBank Online Savings was 5.00% now 5.15%(1 year intro APY)
Bread Savings was 5.00% now 5.15%
First Financial Northwest Bank (via raisin) was 4.85% now 5.27%
Ivy Bank Savings was 4.80% now 5.00%(rate guaranteed through 6/30/24)
Connect One Bank Savings was 4.30% now 5.00%(requires 250k balance; below 250k pays 4.90%)
Self Help CU MM was 3.11% now 3.32%
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Good ML AZ income tax free option?
GABXX better than JPM Premium deposit?
Try TTTXX on Merrill.
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Popular Direct High Rise Savings was 5.25%; now Popular Direct Select Savings 5.40%
First Resource Bank MM (via raisin) was 5.20% now 5.26%
Select Bank Savings (via raisin) was 5.11% now 5.25%
CIBC Savings was 4.76% now 5.01%
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