CFG Bank is my current recommendation for the best simple high-yield savings account. (Disclaimer: I don’t have an account with them and we don’t have any financial relationship with the bank.) I spend a good bit of time... Read More →
Tag - high yield
Brokerage Money Market & Bond Funds As Savings Account Alternatives
With the recent hikes in interest rates resulting in higher yields on savings accounts, finding the best account to park cash has real dollar value. We typically focus on traditional FDIC-insured high yield savings accounts or CDs, and... Read More →
Flex Index CD From Merchants Bank of Indiana, Payout Based On Federal Interest Rate
There’s an interesting ‘flex index CD’ offering from Merchants Bank of Indiana which has a floating rate which goes up and down based on the rates set by the feds. Flex Index CD from Merchants Bank of Indiana | see the... Read More →
Affinity Federal Credit Union 3.50% SmartStart Savings On Balances Up To $5,000
Affinity Federal Credit Union is offering 2% APY on balances up to $5,000 Read More →
Hanscom Federal Credit Union 5% APY, On Up To $6,000
Hanscom Federal Credit Union is offering 5% APY on balances up to $6,000 Read More →
Exploring Brokered CDs
I recently added some brokered CD options to our Best Savings Accounts list and thought it worth a quick write-up about these accounts. Often the best traditional CDs will have the highest rates, yet recently the brokered CDs rates seem... Read More →