LendingClub offers an FDIC-insured personal or business high-yield savings account which currently offers an interest rate of 3.12% APY. LendingClub is member FDIC and charges no monthly fees on the account. Rates Link A few weeks ago... Read More →
Tag - high yield
Ace Flare Prepaid: 6% APY up to $2,000 ($5 Monthly Fee) + $100 Direct Deposit Bonus
Update 10/23/22: $100 direct deposit bonus is back (ht Dominique) Update 8/2/22: Bonus no longer offered; Update 5/6/22: Signup bonus extended through May 31, July 31, 2022 (ht Alex and Ostrich Rider); Update 1/24/22: Deal is back with... Read More →
[Expired] Elements Financial 3.25% APY Savings (Rate Guaranteed For One Year)
Elements Financial credit union is offering their Helium Savings account with a 3.25% APY with no limit Read More →
[Expired] Sun East FCU 4.00% APY 6 Or 9-Month CD (Available Nationwide With $10 Donation)
Sun East federal credit union is offering 4.00% APY on both 6-month and 9-month CDs. Anyone can join Sun East credit union with a $10 donation Read More →
[Update] What’s The Best Simple High-Yield Savings Account?
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 →
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
(Update 9/7/25: It’s now minus 3% instead of minus 2.75%) 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... 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 →