Gliese_667_Cc t1_je2wdvs wrote on March 29, 2023 at 12:38 AM Reply to [Beginner] In my location, my bank (PNC) has a savings account interest rate of 0.03%. Capital One is 3.4%. American Express is 3.75%. Is there any reason not to switch to one of those? by Flopcandy Betterment has 4.2% on cash reserve and up to $2M individual/$4M joint FDIC coverage because they spread your deposits among their program banks to increase coverage. Permalink 5
Gliese_667_Cc t1_je2wdvs wrote
Reply to [Beginner] In my location, my bank (PNC) has a savings account interest rate of 0.03%. Capital One is 3.4%. American Express is 3.75%. Is there any reason not to switch to one of those? by Flopcandy
Betterment has 4.2% on cash reserve and up to $2M individual/$4M joint FDIC coverage because they spread your deposits among their program banks to increase coverage.