[chassis]

SPAXX at Fidelity has no min balance no holding period. It’s a “checking account” type of instrument. Nothing not to like, everything good.

[c1pher]

I keep extra cash in Vanguard VMFXX which is earning over 5% (5.27%) right now and will continue to with rates where they are. I have my regular bank accounts linked to it so I can move money back and forth, which alleviates any concern about check writing.
https://investor.vanguard.com/invest.../profile/vmfxx

If you use Apple, their account even earns 4.35% now.

[c1pher]

Originally Posted by Our03z4

Thanks everyone! It looks like even with the yearly fee it would pay the most going with the people we use, M1. I'm sure they won't like that there aren't any branches but we know how M1 operates, so that should help ease their minds.

Thanks again!

I was an early adopter with M1 but it was just too kludgy to use. Maybe it’s better now.

[Our03z4]

Originally Posted by c1pher

I was an early adopter with M1 but it was just too kludgy to use. Maybe it’s better now.

Been using it since the start and it's improved immensely. Their auto investing works well too.

[Pauldunlop13]

I have Amex at 4.35%
I am also using the Goldman Sachs Saving acct though the Apple Card - 4.5%
no fees for either

[ZHP to B58]

Commercial banker here. The highest rate that my bank's offered anyone, is the Fed funds rate minus 0.10%. So currently, they're earning over 5.00%. We're talking institutional-level though, so >$10MM.

Vio Bank is currently offering 5.30% for consumer money market. Also FDIC-insured.

Tellus is a RE-based app that offers daily compounding at 6.00%. But, not FDIC-insured albeit secured with RE.

[Caretto62]

Huntington Bank promotional Money Market Account paying over 5% last I knew.

[nosbocaj]

I've been using Wealthfront for years. It's at 5.00% right now.