Anybody here got a high interest savings account?

[Ezekiel 25:17]

Chase is dumpster juice

Think it's time leveled up and get with a better bank. A place I can put my money amd let it grow.

 

[ThaBronxBully]

If You’re Looking Long Term And Not Gonna Touch It Then Invest It In A Mutual Or Index Fund, All Banks Interest Rates Suck, Even The Highest One Is Trash

They’ll Suck You In With A “High” APY Then Send You An E Mail A Month Later Saying It’s Gone Down Lmao

You Could Probably Buy Stock In Apple And Make More Back In A Year

 

[Brolic]

Your money won’t really grow in a HYSA. The interest rate is like .5%. Look into stable coins if you want legit APY. You can get 8-10%.

 

[Ezekiel 25:17]

If You’re Looking Long Term And Not Gonna Touch It Then Invest It In A Mutual Or Index Fund, All Banks Interest Rates Suck, Even The Highest One Is Trash

They’ll Suck You In Then Send You An E Mail A Month Later Saying It’s Gone Down Lmao

You Could Probably Buy Stock In Apple And Make More Back In A Year

I'm still borderline retarded when it comes to finances.


I just read about your second point.

And I already got a Roth IRA with a couple shares in Fidelity 500 Index Fund FXAIX. So i guess I'm might be gucci then.

Speaking of which, what's considered a high interest rate? Chase is 0.01. Alley is 0.50 depending on how long you stay

 

[Admiral Ackbar]

Your local credit union probably has higher interest rates than the big banks.

If you need something higher, look at IRAs, CDs, or mutual funds. I ain't gonna rec unregulated crypto.

 

[ThaBronxBully]

I'm still borderline retarded when it comes to finances.


I just read about your second point.

And I already got a Roth IRA with a couple shares in Fidelity 500 Index Fund FXAIX. So i guess I'm might be gucci then.

Speaking of which, what's considered a high interest rate? Chase is 0.01. Alley is 0.50 depending on how long you stay

High Is Considered 1.25 Or whatever

But Like I Said, It’s Almost A Guarantee That You’ll Get An E Mail Within A Month Saying “We’re Sorry The Rate Has Changed”

 

[Kuro]

I dont think those have existed since 2007…

 

[BaldingSoHard]

You want Series I savings bonds. Currently at 7.12%

Individual - Series I Savings Bonds

 

[2stainz]

Series-I savings bonds. Currently at 7.12%

Individual - Series I Savings Bonds

this right here 7+%, mature at 30 years and can redeem them after 12months if necessary. repped