Name your best place to deposit a savings account with a high return.
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Guest Message by DevFuse
What is the place to have savings account with a hight return.
Started by
1234
, Jan 06 2012 07:31 PM
23 replies to this topic
#1
Posted 06 January 2012 - 07:31 PM
#2
Posted 06 January 2012 - 07:39 PM
Discover Bank
#3
Posted 06 January 2012 - 08:03 PM
Discover Bank
I feel like crying when I read 1% APY is a super-duper-high savings rate. But it is these days.
#4
Posted 06 January 2012 - 08:05 PM
Alliant CU.
Ron.
Ron.
#5
Posted 06 January 2012 - 08:13 PM
Incredible Bank.
Ron.
Ron.
#6
Posted 06 January 2012 - 08:31 PM
I'd never heard of Incredible Bank.
Apparently, neither have BankRate nor BauerFinancial.
Apparently, neither have BankRate nor BauerFinancial.
#8
Posted 06 January 2012 - 09:08 PM
Lmcu. It's a checking account that offers 3% up to 15,000.
#9
Posted 06 January 2012 - 10:04 PM
I'd never heard of Incredible Bank.
Apparently, neither have BankRate nor BauerFinancial.
Bob it is Wisconsin-based River Valley Bank
#10
Posted 06 January 2012 - 10:12 PM
Ah, that would explain it.I'd never heard of Incredible Bank.
Apparently, neither have BankRate nor BauerFinancial.
Bob it is Wisconsin-based River Valley Bank
#11
Posted 06 January 2012 - 11:12 PM
Savings Account with a high return is an oxymoron these days....... 
#12
Posted 06 January 2012 - 11:37 PM
Alliant CU.
Ron.
Actually, Alliant just dropped the rate from 1.14 to 0.95 I believe... so the 1% at Discover may be the place now. I was so bummed about that, having just moved about $50k over to Alliant about 90 days ago.
#13
Posted 06 January 2012 - 11:38 PM
Lmcu. It's a checking account that offers 3% up to 15,000.
Is that Lake Michigan?
#14
Posted 06 January 2012 - 11:43 PM
Sallie Mae
#15
Posted 07 January 2012 - 01:55 AM
I use LMCU HYC, Alliant and ING for my savings.
What was high APY on savings account when times were great? It's always sucked at places like BOA.
What was high APY on savings account when times were great? It's always sucked at places like BOA.
#16
Posted 07 January 2012 - 01:57 AM
I use LMCU HYC, Alliant and ING for my savings.
What was high APY on savings account when times were great? It's always sucked at places like BOA.
I think it was 5% or more in the 90s, but mortgage rates were 8%.
#17
Posted 07 January 2012 - 01:59 AM
I use LMCU HYC, Alliant and ING for my savings.
What was high APY on savings account when times were great? It's always sucked at places like BOA.
I think it was 5% or more in the 90s, but mortgage rates were 8%.
Makes me kinda glad I never cared before I came here because I'd be really sad right now.
What about cash back rewards on credit cards?
#18
Posted 07 January 2012 - 02:02 AM
I use LMCU HYC, Alliant and ING for my savings.
What was high APY on savings account when times were great? It's always sucked at places like BOA.
I think it was 5% or more in the 90s, but mortgage rates were 8%.
Makes me kinda glad I never cared before I came here because I'd be really sad right now.
What about cash back rewards on credit cards?
Sucky! IIRC, Discover was the first card to be publicized as a cashback card. It was 1%. Flights were a lot more expensive so it was much more worthwhile to use a miles card.
#19
Posted 07 January 2012 - 12:13 PM
If you plan on socking away some money for a while go to Treasury Direct. In May they were paying over 4% for 6 months when it changes. Only $5000 annually.
#20
Posted 08 January 2012 - 11:11 AM
Alliant CU.
Ron.
Actually, Alliant just dropped the rate from 1.14 to 0.95 I believe... so the 1% at Discover may be the place now. I was so bummed about that, having just moved about $50k over to Alliant about 90 days ago.
Alliant and Discover have essentially the same savings dividend:
Rate (%) APY (%)
Alliant CU 0.995 1.00
Discover Bank 1.00 1.00
Edited by kevinjjc, 08 January 2012 - 11:12 AM.
#21
Posted 08 January 2012 - 02:12 PM
American Express Bank 0.90% no minimum, no fees.
Ally Bank 0.89% no minimum, no fees.
Ally Bank 0.89% no minimum, no fees.
#22
Posted 10 January 2012 - 12:47 PM
I go with Alliant the are pretty good. I have most of my cash with them.
#23
Posted 10 April 2012 - 12:26 PM
Discover Bank, in March, quietly dropped rate from 1.00% to 0.90%
#24
Posted 11 April 2012 - 08:38 PM
alliant has been much more stable than others. I am getting too old to chase rates about the country.
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