Savings/investments/bonds Master Thread.

[4yourinfo]

Which of the higher yield big bank savings accounts use zelle? Amex and cap one don't.

MYBANKINGDIRECT/flagstar - Cap1 you can open a checking..
Honestly Zelle is pretty annoying as you can only link your phone number/email to one bank account - before zelle came around banks had their own transfer methods which didn't mess with having to have multiple email addresses and phone numbers etc.

[shmooz]

MYBANKINGDIRECT/flagstar - Cap1 you can open a checking..
Honestly Zelle is pretty annoying as you can only link your phone number/email to one bank account - before zelle came around banks had their own transfer methods which didn't mess with having to have multiple email addresses and phone numbers etc.

Maybe will try cap 1 checking for zelle and savings for interest if checking is free.
Not sure why you don't like zelle, if you want to send money easy to a friend, routing numbers and accounts or writing a check is  more complicated.

[yungermanchik]

https://www.capitalone.com/bank/reward250/
Capital one checking has a $250 bonus right now

[4yourinfo]

Maybe will try cap 1 checking for zelle and savings for interest if checking is free.
Not sure why you don't like zelle, if you want to send money easy to a friend, routing numbers and accounts or writing a check is  more complicated.

Problem with Zelle - every other bank uses it for transferring to other people - I can only link my phone / email address to one bank account. I have multiple banks its a huge pain if I want every bank to have access to transferring money to people.. using multiple email also gets complicated cause it has to match your email address for the bank I am not interested in every bank having a different email address..

[lybbtthl]

I put 10k in to I bonds a few years ago, it's now up to 11,396

If I cash out just 10k, not the full balance, will I get a 1099?

[CountValentine]

I put 10k in to I bonds a few years ago, it's now up to 11,396

If I cash out just 10k, not the full balance, will I get a 1099?

From TD website: Any amount of $25 or more to the penny. If you cash only part of what a bond is worth, you must leave at least $25 in your account. If you cash only part of what a bond is worth, you get the interest only on the part you cash.

[lybbtthl]

From TD website: Any amount of $25 or more to the penny. If you cash only part of what a bond is worth, you must leave at least $25 in your account. If you cash only part of what a bond is worth, you get the interest only on the part you cash.

so you're saying I won't even have the option to cash out just 10k and leave in the $1396?

[CountValentine]

so you're saying I won't even have the option to cash out just 10k and leave in the $1396?

The way I read it is if you cash out 10k then part will be principal and part will be interest. I could be reading it wrong.

[zh cohen]

Which of the higher yield big bank savings accounts use zelle? Amex and cap one don't.

CIT, but with a very low transaction and daily limit. I think it is ~$750 per transaction and ~$1500 per day.

[Miracle]

Your referral link...

Thank you EVERYONE who answered my post. I haven't checked the thread in a while, hence my delay in response.. I appreciate your answers.

@Dan
When I clicked your link, I get this message: There seems to be a problem with the referral link
Please check the link and try again. If you continue to have trouble, you may wish to reach out to your friend and have them re-send the link.

And is Marcus a wise move to transfer my money from Ally? I have had good experience with Ally. Is it advisable to stay with Ally?

thanks.

[Yo ssi]

Thank you EVERYONE who answered my post. I haven't checked the thread in a while, hence my delay in response.. I appreciate your answers.

@Dan
When I clicked your link, I get this message: There seems to be a problem with the referral link
Please check the link and try again. If you continue to have trouble, you may wish to reach out to your friend and have them re-send the link.

And is Marcus a wise move to transfer my money from Ally? I have had good experience with Ally. Is it advisable to stay with Ally?

thanks.

They limit the number of referrals to 5 per year. Feel free to PM me

[Dan]

Thank you EVERYONE who answered my post. I haven't checked the thread in a while, hence my delay in response.. I appreciate your answers.

@Dan
When I clicked your link, I get this message: There seems to be a problem with the referral link
Please check the link and try again. If you continue to have trouble, you may wish to reach out to your friend and have them re-send the link.

And is Marcus a wise move to transfer my money from Ally? I have had good experience with Ally. Is it advisable to stay with Ally?

thanks.

Link works fine when I click it.

[baron]

Marcus 4.4 (5.4)

[4yourinfo]

mybankingdirect 5.55 APY

[Yo ssi]

mybankingdirect 5.55 APY

Any experience with them?
Do they have any limits?

[avrumy1]

Any experience with them?
Do they have any limits?

https://www.cnbc.com/2024/04/10/nycb-is-paying-the-nations-highest-interest-rate-apy.html

[Yo ssi]

https://www.cnbc.com/2024/04/10/nycb-is-paying-the-nations-highest-interest-rate-apy.html

Thanks for the link, still looking for dps

[pointer]

https://www.doctorofcredit.com/robinhood-gold-free-benefit-1000-in-margin-loans/

[Iz]

https://www.doctorofcredit.com/upcoming-i-bonds-rate-estimated-at-4-30-apy-variable-fixed-should-you-buy-or-sell-now/

[4yourinfo]

Any experience with them?
Do they have any limits?

been there for about a year - The few times I had questions they answered their phones pretty quick - their transfers take a bit of time 3/4 days they have a 200k monthly transfer out limit and a 50k daily