I have several HYSA accounts. My favorite is Bread 5.15% however I also have Vio bank 5.30% and FlagStar 5.55%. My best advise for people is instead of going out to eat, to drop that $100 into a HYSA. Instead of buying a new car, put that $700 a month into HYSA. Instead of doing $7 a day at Starbucks, put that $200 month into HYSA. Will be surprised that after several years you have $30k, $50k, $100k saved! Every $1 adds up and eventually you will be earning $10 a day, $30 a day, $100 a day in interest! I’m currently up to $123 a day!! That’s right, $45,000 a year in interest from years and years of not spending and instead saving my blue collar income. I’m not even college educated, I’m a blue collar worker who gets dirty daily however each paycheck I immediately put 25% into HYSA and watch my earnings increase
I want to thank you. I signed up with SoFi back in January when I saw another one of your videos about high yield savings accounts. I am very thankful. The growth is so great and I am very grateful. Take care 🙏🏾🙏🏾
Look into CORNERSTONE CAPITAL BANK. 5.3% HIGH YIELD SAVINGS ACCOUNT. Deposit over $100,000 Certificate of Deposit. 5.64% 12 & 18 months 5 year CD 5.00%
Summary: 1. Ally - 4.20% APY 2. SoFi - 4.60% APY (with direct deposit for checking account ) 3. AMEX Savings - 4.25% 4. Wealth Front - 5.00% (starts high but drops to around 3% after 30-60 days) 5. Discover - 4.25% 6. Bank Purlely - 5.05% ($25K balance must be maintained)
Look into CORNERSTONE CAPITAL BANK. 5.3% HIGH YIELD SAVINGS ACCOUNT. Deposit over $100,000 Certificate of Deposit. 5.64% 12 & 18 months 5 year CD 5.00%
I'm in finance and thought it was hilarious when you said "MOST people have 10,000 in savings". Not true. MOST PEOPLE DO NOT EVEN HAVE 5,000 IN SAVINGS. Anyone can find statistics on that. The bottom line is you can save all you want but its not going to do much. To survive today, you HAVE to find ways to MAKE more money. Period.
You are contradicting yourself, brother. It is easy to save. People need to stop spending money they don't have on junk and stop trying to keep up with the Joneses, and they will have savings. The majority of people have a lot of unnecessary stuff to show people they have a lavish lifestyle, such as cable bills, expensive brand-name clothes, expensive cars, and jewelry. I stopped buying junk in 2007 and now have saved up to $250,000 plus dollars in my savings account, plus I own my house.
The point he was saying was that IF they have a savings account of 3 to 6 months of expenses, for most people that amount would be $10k or more. He didn't say most people have that amount in savings, but rather that they should if they are aiming for the goal of 3 months of expenses.
Synchrony is 4.75% for their HYSA. I've been with them for years. They have no minimums and an ATM card. They are terrific. They also have good CD rates.
My money makes me approximately $170 per month in my SOFI savings account. I take that interest and put it all towards my lone remaining credit card debt which is 0% until January.
I started putting 10$ a paycheck away. It wasn't much but we all gotta start somewhere. Seeing that extra dollar get put into my account monthly because of the interest is super motivating. I recently cut back on a lot of thinga and plan on upping my contributions. I love watching the growth and can't wait to get to a healthy range.
The way he delivers his lines is very reminiscent of a good pastor. I’m so glad I found this guy because he gives really good financial advice and information to those who are seeking it
Thank you! I’m kinda late in the game do to my money illiteracy. I admit to having no clue what so ever. But I’m learning now and passing that knowledge onto my son. I don’t want him to be in the same situation as me at my age.
I just turned 46 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $400k
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk.
Many people often underestimate the effectiveness of a financial adviser in planning for retirement. Over the past 5 years, my FA has consistently restructured and diversified my portfolio and expenses, resulting in over $1 million in gains. While it might not seem like a huge amount, retirement now feels within reach.
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Excellent share, just inputted Judith Lynn Staufer on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
I have had Ally since 2012 and I looked about 2 weeks ago and I just saw my savings account was a HYSA I was soooo happy and you can do savings buckets, so I’m about to move more funds
Thank you 🙏🏾 so much for posting this information! I am constantly surprised at how little interest is offered when the credit union s using your money.💰 😮
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire `
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q2 2025.
Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Rebecca Lynne Buie has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend her
@@valg.3152 I’ve never experienced being scammed and having Ally accounts have changed my financial situation tremendously. I have nothing bad to say about them.
I have a weathfront cash account, its been having it for a few years, the interest rate is still 5% and up to $8 million of FDIC insurance through our partner banks.
I just recently came into $30,000 off a $100 sports bet last week and feel so blessed told 2 family members who make $200K plus a year themselves and they said HYSA immediately 😂 I’ve never had this much money at 1 time 🎉
@@jhonhani1488 dang i apologize i didn't see this until now. No, no fees unless you withdraw more than 6 times per month. It is limited access and that is why they pay higher than most.
It's literally just taxed with your other income. It means that if you make a free $100, you pay taxes on that $100. Nothing major is taken. Still totally worth it.
Facts, however if he did not explain anything you wouldn't just take good words or product recommendations from face value... On top of that, he is leading to the water and it is up to you to drink. Best part is, water has no lemonade in it! 🤑✅
I’ve had an older savings with Capital One with only a 0.3% annual. I just opened a new Performance Savings with a 4.25 rate. 😫 Better late than never.
There’s also UFB Direct at 5.25%, Bask (which you mentioned in another video) at 5.1%, and Betterment at 5%. None of these have any requirements. There’s also an online credit union called DCU (Digital Federal Credit Union) based out of Massachusetts. They pay 6.17% up to $1,000. The only requirement with them is that you have to give to a local organization (about $10) if you live outside of the area.
😁 Thanks for opening this door. Replenishable Dating money for my wife and I on a budget. That went off like a VOLCANO. All I needed to getting rollin'.
Hello Anthony I have a question...can I just open a savings account and not have a direct deposit? I have a direct deposit with another bank and all of my payments to bills etc come out of that account. I recently found out that I have some money just sitting because I worked for a company and did not know I had a savings account with them and they transferred it to a holding company until I can move it elsewhere.I work a temp job so I can't put it in a 401k plan so when I saw you talking about a savings account...well. I figured I would move it to one of them and let the savings grow. 🙂
I dont know about anyone but i definitely found this to be cery informative.... i didnt know i already had one with capital one and ive been earning atleast 14 dolars a month.... now i will definitely invest more into my savings
Compound interest-Doesn't that mean the interest is added to the base total, which causes the compound? You can't spend it right... or withdraw it to use.
With Sofi, you have to open a checking account and a savings account at the same time. They will not allow you to just get a savings account. I looked into it after one of your earlier shows. In the end,I decided not to move forward because I didn't want a new checking account.
Exactly it's Important to have Knowledge in Finances to Increase Money without Someone Trying to have you spend Unnecessarily. Shine Shine in On Your Financial Blessings I Hate when People try to Insult My Intelligence. Take All that Nonsense Somewhere else Unnecessary. Good Information Here!!!
If I'm not mistaken, savings account APY can fluctuate based on market conditions. Why not use a CD and lock in the interest rate for a term? I do understand the benefit of HYSA where you can move your money at will, but if that's not a requirement, why not do CDs? Or a Jumbo/mini Jumbo?
Yes the rates fluctuate , but rates have never been this high in years almost 5% & they’re guaranteed to over around that for about the next year or so due to inflation & the fed increasing rates …so it’s basically a CD , but if have access to it if you need it , I use my interest dividends to pay for my yearly cruise vacation & to pay for my car insurance for the year
I have several HYSA accounts. My favorite is Bread 5.15% however I also have Vio bank 5.30% and FlagStar 5.55%. My best advise for people is instead of going out to eat, to drop that $100 into a HYSA. Instead of buying a new car, put that $700 a month into HYSA. Instead of doing $7 a day at Starbucks, put that $200 month into HYSA. Will be surprised that after several years you have $30k, $50k, $100k saved! Every $1 adds up and eventually you will be earning $10 a day, $30 a day, $100 a day in interest! I’m currently up to $123 a day!! That’s right, $45,000 a year in interest from years and years of not spending and instead saving my blue collar income. I’m not even college educated, I’m a blue collar worker who gets dirty daily however each paycheck I immediately put 25% into HYSA and watch my earnings increase
Thank you
👊🏾💪🏾
Your comment is the best. Thank you👊🏾
Do you mind sharing why you have 3 different ones and why you like Bread more compared to the others?
Thank you. Your comment is the real value of this post.
High-yield savings accounts are perfect for short-term savings goals, like building an emergency fund
I think interest rate is the most important factor it's all about maximizing your earnings!
It's crucial to understand the terms and conditions, including interest rates and fees, before opening a high-yield savings account
Some people find high-yield savings accounts helpful for emergency funds, but others might prefer alternative options
HYSA is not for us who are trying to save for retirement and need access to our monev frequently
I'm in a similar situation I'm planning to hire an advisor to help me explore alternative investment options for my retirement portfolio
I want to thank you. I signed up with SoFi back in January when I saw another one of your videos about high yield savings accounts. I am very thankful. The growth is so great and I am very grateful. Take care 🙏🏾🙏🏾
@Hostline_TheTableWithAO no I’m not on your private coaching program yet.
Look into CORNERSTONE CAPITAL BANK.
5.3% HIGH YIELD SAVINGS ACCOUNT. Deposit over $100,000
Certificate of Deposit.
5.64% 12 & 18 months
5 year CD
5.00%
That’s amazing I won $30,000 last week and need to invest it🎉
Summary:
1. Ally - 4.20% APY
2. SoFi - 4.60% APY (with direct deposit for checking account )
3. AMEX Savings - 4.25%
4. Wealth Front - 5.00% (starts high but drops to around 3% after 30-60 days)
5. Discover - 4.25%
6. Bank Purlely - 5.05% ($25K balance must be maintained)
I love you... I watched it but this helps my mommy brain a lot
Number 4 is a lie. I have had Wealthfront for a year and I’m still at 5% interest.
Thank you ❤
Look into CORNERSTONE CAPITAL BANK.
5.3% HIGH YIELD SAVINGS ACCOUNT. Deposit over $100,000
Certificate of Deposit.
5.64% 12 & 18 months
5 year CD
5.00%
thank you, he talks so much and almost NEVER get to the point. that's why i NEVER watch. he fluff too much
Investments are the roots of financial security; the deeper they grow, the stronger your future will be."
The deeper your investment roots, the stronger your financial security will be in the future.
Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
I'm in finance and thought it was hilarious when you said "MOST people have 10,000 in savings". Not true. MOST PEOPLE DO NOT EVEN HAVE 5,000 IN SAVINGS. Anyone can find statistics on that. The bottom line is you can save all you want but its not going to do much. To survive today, you HAVE to find ways to MAKE more money. Period.
You are contradicting yourself, brother. It is easy to save. People need to stop spending money they don't have on junk and stop trying to keep up with the Joneses, and they will have savings. The majority of people have a lot of unnecessary stuff to show people they have a lavish lifestyle, such as cable bills, expensive brand-name clothes, expensive cars, and jewelry. I stopped buying junk in 2007 and now have saved up to $250,000 plus dollars in my savings account, plus I own my house.
He said they SHOULD have that to cover three months of expenses, but I'm glad you're in finance 🙂
@@willtacoma2ndgen661congratulations - facts because I’m on my way
The point he was saying was that IF they have a savings account of 3 to 6 months of expenses, for most people that amount would be $10k or more. He didn't say most people have that amount in savings, but rather that they should if they are aiming for the goal of 3 months of expenses.
Marcus and UFB
Synchrony is 4.75% for their HYSA. I've been with them for years. They have no minimums and an ATM card. They are terrific. They also have good CD rates.
Im also with Synchrony, but get only 4.65%.
His comment was 3 months ago. It's lower now. @@thehousingvlog7034
Thanks.
Video starts 15:14
I fell on the floor after clicking this and seeing how little is left of the video. Lol
thanks bro! dude is literally a professional yapper! has to make his videos a certain length to monetize. hate it!
Thank you ❤
Thank you so very very much!!! These videos are way too long.
Ty!
My money makes me approximately $170 per month in my SOFI savings account. I take that interest and put it all towards my lone remaining credit card debt which is 0% until January.
Been using sofi bank as my main bank for since Jan and i love it
I started putting 10$ a paycheck away. It wasn't much but we all gotta start somewhere. Seeing that extra dollar get put into my account monthly because of the interest is super motivating. I recently cut back on a lot of thinga and plan on upping my contributions. I love watching the growth and can't wait to get to a healthy range.
@@bigmac27sauce59 great work. Next do $20 a paycheck, then $30 a paycheck. I’m up to 25% of my paycheck and I’m not going without
That's the best thing to do.
The way he delivers his lines is very reminiscent of a good pastor. I’m so glad I found this guy because he gives really good financial advice and information to those who are seeking it
Capital 1 360 savings with 4.25 percent
no 3.80 now
Thank you! I’m kinda late in the game do to my money illiteracy. I admit to having no clue what so ever. But I’m learning now and passing that knowledge onto my son. I don’t want him to be in the same situation as me at my age.
I just turned 46 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $400k
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk.
Many people often underestimate the effectiveness of a financial adviser in planning for retirement. Over the past 5 years, my FA has consistently restructured and diversified my portfolio and expenses, resulting in over $1 million in gains. While it might not seem like a huge amount, retirement now feels within reach.
Hello, I'm interested in trying this out. Who is your FA, I'm gasping for breath. Have been doing things myself but it's clearly not working
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Excellent share, just inputted Judith Lynn Staufer on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
Thank you Anthony!! I opened a High yield account and Im already benefiting from it!!
Same here
Did you have to open the account with a large amount in order to make money.
@@TracyPeppers-qq1qx I put a little over 5k in there. Or course you be larger amount the return will be much greater
List Starts at 15:10
not all heroes were capes😂🙏🏽
Man took 15 minutes to finally get to the point….
All facts! He is absolute correct. Start small, end large! 😮
Facts
I have had Ally since 2012 and I looked about 2 weeks ago and I just saw my savings account was a HYSA I was soooo happy and you can do savings buckets, so I’m about to move more funds
Please explain what you mean by the savings bucket
I opened Laurel 5.12%
and Ally.
Marcus and Goldman Sac at 4.40% and PNC at 4.55%
Yup Marcus is my current favorite
Thank you 🙏🏾 so much for posting this information! I am constantly surprised at how little interest is offered when the credit union s using your money.💰 😮
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire `
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q2 2025.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Rebecca Lynne Buie has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend her
Love Ally for their buckets feature!!!!! That interest hitting those accounts is like Christmas all year long!😍
We have Ally as well and I totally agree with you 💴 people dont know what they’re missing
@@readingstrategistthank you.
100% agreed. I've had them since 2011. Great rate
I’ve never had Ally, but I’m thinking about signing up. Is it really a good high yield account? I hear people saying that they’re getting scammed.
@@valg.3152 I’ve never experienced being scammed and having Ally accounts have changed my financial situation tremendously. I have nothing bad to say about them.
I have a weathfront cash account, its been having it for a few years, the interest rate is still 5% and up to $8 million of FDIC insurance through our partner banks.
I just recently came into $30,000 off a $100 sports bet last week and feel so blessed told 2 family members who make $200K plus a year themselves and they said HYSA immediately 😂 I’ve never had this much money at 1 time 🎉
Which did you choose?
Pay ur taxes
Just discovered your channel, great information.
Thank you and much continued success to you!
I love republic bank in chicago. They pay 5.2% on money market. Vio Bank pays 5.3%. Love both.
How does money market work in VIO ? Is there any fees for money market ?
@@jhonhani1488 dang i apologize i didn't see this until now. No, no fees unless you withdraw more than 6 times per month. It is limited access and that is why they pay higher than most.
@@jhonhani1488money market has rules to keep interest rates steady from what I’ve learned I won $30,000 last week so I’m scrambling for info
Great Information! Thanks for all you do to help people that want and need this information.
These are some great places to start! Great tips thanks!
Please explain the IRS collection to your audience that's attached to this extra money
Can you explain it? I’ve been trying to find videos on it but I can’t find
Thanks
It’s interest or dividend income that should be reported on your tax return at the end of the year.
It's literally just taxed with your other income. It means that if you make a free $100, you pay taxes on that $100. Nothing major is taken. Still totally worth it.
Video starts after 15:17
Holy fluff… 21 min video that could’ve been 3 minutes
From a guy who saves $0
How would you know that?@@jimbobjim2310
To much yapping 🤦🏻♂️
Hahaha totally agree
BUT Dude is a content creator
Facts, however if he did not explain anything you wouldn't just take good words or product recommendations from face value...
On top of that, he is leading to the water and it is up to you to drink. Best part is, water has no lemonade in it! 🤑✅
Great video earned my subscription & thumbs up god bless and keep spreading knowledge
We have Ally and LOVE IT 💰 💃🏾
How long you been with Ally? Do you really like it a lot
That face you made when you said ,"in contrast with a regular savings account, you will only earn $33.00, is classic. 😂 You speak the truth.
Capital one has a high interest rate for a savings account
The 360 savings is solid, 4.25 % APY. No minimum balance, no monthly fees.
I have a Capital One HYSA also.
@@inquisitiveferret5690 is this real I'm going get one asap
I use Capital One as well.
I’ve had an older savings with Capital One with only a 0.3% annual. I just opened a new Performance Savings with a 4.25 rate. 😫 Better late than never.
What about a savings account at Bask Bank? I believe you mentioned it several months ago.
Minus the taxes. State and Federal about 20% of Yearly APY
Hi! Thank you so much for this amazing kind of contents!! How many high yielding accounts can I open at one time?
12:00 minutes in…when will you give the list of hysa??
I’m stressed and leaving.
Already have hysa and etf’s im out.
The ideal answer is to pay your bills, but ,one question.
which one of the accounts are not susceptible to creditor collection wage garnishment?
Thank you for sharing your knowledge
I’m surprised Laurel Road isn’t in! Now It’s 5.15% APY!
It would be great to have one place where you could get access to all of those that you just mentioned. Raisin has some great rates as well.
Sofi is 4.5 with direct deposit and only insured up to 250,000
How do you deposit paper money to Sofi? Drug stores?
Is a money market account for 5.29% in vanguard such as the Vusxx with an expense ratio of .09% a good idea?
@@ronnieadrian9843 mutual fund, you may lose $$
I love this going to open one right now! I see you’re a life insurance broker as well. I too work for Ethos.. can we start educating people on IUL’s?
God bless your soul.
❤
Yessss the exact video I was looking for. 👌😊
Credit Karma 5.10% APY
Yes,I have one with them.
Laurel Road 5.15% APR
I’ve seriously been debating on switching to Credit Karma. That’s a great rate!
What about Western Alliance Bank at 5.35% APY?
Credit Karma it is!
Great info!! Thank you. 🙏🏾
There’s also UFB Direct at 5.25%, Bask (which you mentioned in another video) at 5.1%, and Betterment at 5%. None of these have any requirements.
There’s also an online credit union called DCU (Digital Federal Credit Union) based out of Massachusetts. They pay 6.17% up to $1,000. The only requirement with them is that you have to give to a local organization (about $10) if you live outside of the area.
Question can we open kids account. Under this high yield savings account
Great videoo🙏🏿🙏🏿 leaning towards Sofi
This is how I will buy my Christmas gifts from now on🎉🎉🎉🎉🎉 excited!!!
Or stop buying and consider the gift of time if it fits your beliefs.
do you have any videos on High Yield Checking Accounts??
How do you deposit paper money with Sofi? Walgreens??
I remembered last year you mentioned capital one. What happened to it 🤭 I opened it because it was one of the good one’s 🤔
Capital One still has a good HYSA called "360 Performance Savings" but the yield is now at 4.10% (as of Nov. 2024)
😁 Thanks for opening this door. Replenishable Dating money for my wife and I on a budget. That went off like a VOLCANO. All I needed to getting rollin'.
Great info bro
Will I have to pay taxes on the interest every year ? Will I get a 1099 form ?
Love SoFi.. even do my investing through them too
Great information!
There’s no Sofi link
Verrrry informative!! 🤓📝
Hello Anthony I have a question...can I just open a savings account and not have a direct deposit? I have a direct deposit with another bank and all of my payments to bills etc come out of that account. I recently found out that I have some money just sitting because I worked for a company and did not know I had a savings account with them and they transferred it to a holding company until I can move it elsewhere.I work a temp job so I can't put it in a 401k plan so when I saw you talking about a savings account...well. I figured I would move it to one of them and let the savings grow. 🙂
I dont know about anyone but i definitely found this to be cery informative.... i didnt know i already had one with capital one and ive been earning atleast 14 dolars a month.... now i will definitely invest more into my savings
Thank You🙏🏾.
Hi Anthony, just saw your TH-cam channel. What is your take on UFB -HYSA .Thanks
I really enjoy your content.
Are these good banks to use for business checking accounts as well and do you get same benefits?
You take too long to get to the point!!!!
Right😂
😂edu😂tain😂ment!
😂😂😂 😂 😅
Not sure if you’ll see this question as this video is over a month old but my question is does daily compound interest exist for hysteria?
Chase currently has a CD with 4.6% for 7 or 9 months
Chase CD at 4.75% for 9 months (at least in the Los Angeles, CA area)
@@MichaelDavisDJMic Thank you! Good to know😃
I have cds with Discover at 4.7 for 12 months
How about a money market fund vs a hysa?
Let's get to the bag 🎒
Compound interest-Doesn't that mean the interest is added to the base total, which causes the compound? You can't spend it right... or withdraw it to use.
Do you have a video on inves5 in gold and silver?
Exactly My Money Made the Interest Account And I'm Crazy Lady Yeah OK. Did Already.
What about Raisin Bank which is at 5.26%
Not actually a bank, Raisin works like a referral to HYSAs. Raisin itself is not a bank
Sofi?
Yes! Here is the link! 🏦 Savings Accounts:
Sofi Bank: anthonyoneal.com/savings
With Sofi, you have to open a checking account and a savings account at the same time. They will not allow you to just get a savings account. I looked into it after one of your earlier shows. In the end,I decided not to move forward because I didn't want a new checking account.
Can it be any type of direct deposit
Good nuggets worth sharing.
Great video. ty
Emigrant direct 5%, no fees, no minimum balance
I got the AMEX HYSA for 4.25 %. it has gone down .45% (now at 3.80 Apy) in the first three months I had it
Great message
How much taxes you paying on that interest?
I have my sofi acct!😊
Brother there are CDs that offer 5.35 APY with terms of 1, 2 or 3 months. U actively use them every month
Like what bank ?
Been using hsbc bank as my main bank since last year and quite like it
Exactly it's Important to have Knowledge in Finances to Increase Money without Someone Trying to have you spend Unnecessarily. Shine Shine in On Your Financial Blessings I Hate when People try to Insult My Intelligence. Take All that Nonsense Somewhere else Unnecessary. Good Information Here!!!
If I'm not mistaken, savings account APY can fluctuate based on market conditions. Why not use a CD and lock in the interest rate for a term? I do understand the benefit of HYSA where you can move your money at will, but if that's not a requirement, why not do CDs? Or a Jumbo/mini Jumbo?
He talked about cd and the fluctuate of apy in the video
Yes the rates fluctuate , but rates have never been this high in years almost 5% & they’re guaranteed to over around that for about the next year or so due to inflation & the fed increasing rates …so it’s basically a CD , but if have access to it if you need it , I use my interest dividends to pay for my yearly cruise vacation & to pay for my car insurance for the year
I also love discover ❤️
Great Video.
Thank you .
Thank you
Whats the difference between a high yield savings account and a money market account?
HIGH YIELDING !!!
15min in he gets to the names