which institutions - credit union / bank giving decent %?

[bob4432]

would like to move some "on hand" $$ into an acct that has some interest. i mean, ing is only paying 1.5% now 🙁. and the $$$ can stay there for quite some time, stuff i don't need quick as i keep ~3-6mos easily accessible. and fwiw, no cc or other debt (besides mortgage)

thanks,
bob

 

[Nik]

Well, realistically, you're not going to go to a bank that isn't in your area, right? Look up a directory of banks locally and do a little digging. It's easy to find out what banks give what % rates using google.

 

[imported_Lothar]

http://forums.anandtech.com/me...id=38&threadid=2290198

 

[Bignate603]

Red Neck Bank has the best return that I know of. They're internet based so you don't have to be physically close to them.

 

[Mo0o]

Charles Schwab Savings is 1.75% APY. Theres a credit union in my state (WA) that's offering 6% APY in their rewards checking program. Ill be heading over to Spokane in a few months so I might sign up then.

http://www.highyieldcheckingdeals.com/

Check out that website for some high APY checking accounts. Theres some account limits so its not the best deal but up to a certain limit its probably the best % you're gonna find

 

[imported_Lothar]

Originally posted by: Bignate603
Red Neck Bank has the best return that I know of.

They cut their APR, and limit last month.
They also are not accepting any new applications.

 

[imported_Lothar]

Originally posted by: Mo0o
Charles Schwab Savings is 1.75% APY. Theres a credit union in my state (WA) that's offering 6% APY in their rewards checking program. Ill be heading over to Spokane in a few months so I might sign up then.

http://www.highyieldcheckingdeals.com/

Check out that website for some high APY checking accounts. Theres some account limits so its not the best deal but up to a certain limit its probably the best % you're gonna find

On only $10,000.
Not worth the hassle.

 

[Bignate603]

Originally posted by: Lothar

Originally posted by: Bignate603
Red Neck Bank has the best return that I know of.

They cut their APR, and limit last month.
They also are not accepting any new applications.

I guess it was too good to be true. I thought their rates seemed too good.

 

[Mo0o]

Originally posted by: Lothar

Originally posted by: Mo0o
Charles Schwab Savings is 1.75% APY. Theres a credit union in my state (WA) that's offering 6% APY in their rewards checking program. Ill be heading over to Spokane in a few months so I might sign up then.

http://www.highyieldcheckingdeals.com/

Check out that website for some high APY checking accounts. Theres some account limits so its not the best deal but up to a certain limit its probably the best % you're gonna find

On only $10,000.
Not worth the hassle.

Hmm. I only have about $5000 in my account all together =(

Seems like if you're a student, you might as well make your money work for you

 

[imported_Lothar]

Originally posted by: Bignate603

Originally posted by: Lothar

Originally posted by: Bignate603
Red Neck Bank has the best return that I know of.

They cut their APR, and limit last month.
They also are not accepting any new applications.

I guess it was too good to be true. I thought their rates seemed too good.

5/05/09: Rate drops: 4.00% APY up to $10K (Chk), and 2.00% APY up to $35K (MMA)
4/08/09: Redneck Bank stops accepting new applications
3/12/09: New tiers: 5.25% APY only up to $10K (Chk), and 3.10% APY only up to $35K (MMA)
3/31/08: Original tiers: 5.25% APY up to $25K (Chk), and 3.10% APY on all balances (MMA)

 

[bob4432]

looks like the acct needs to be used. this would be non used acct as so much stuff is already setup. figured the banks would rather just have the $$$ and no action on the acct other than % going in, but that doesn't seem like the case - many want activity.

damn

 

[imported_Lothar]

Originally posted by: Mo0o

Originally posted by: Lothar

Originally posted by: Mo0o
Charles Schwab Savings is 1.75% APY. Theres a credit union in my state (WA) that's offering 6% APY in their rewards checking program. Ill be heading over to Spokane in a few months so I might sign up then.

http://www.highyieldcheckingdeals.com/

Check out that website for some high APY checking accounts. Theres some account limits so its not the best deal but up to a certain limit its probably the best % you're gonna find

On only $10,000.
Not worth the hassle.

Hmm. I only have about $5000 in my account all together =(

Seems like if you're a student, you might as well make your money work for you

That extra interest on your $5000 won't make any difference.
It seems like you are working for your money in your scenario by swiping your card at the register 13 times a month.

If you have only $5k, don't bother wasting time on those rewards checking programs.
I surely wouldn't.

I'm with 1st Arkansas Bank and Trust.
4.44% APY on $50,000. And I only have to do 10 transactions/month.