Highest bank interest paid

amother

Sun, May 17 2020, 6:57 pm

What bank has the highest yield? CDs, Checking or Savings?

amother

Chocolate

Sun, May 17 2020, 7:48 pm

CDs are usually highest, but you have to lock in your money. high yield savings accounts are the best if you want flexibility. dh just found offer from capital one- 1.5% plus a bonus depending on how much you put in. if you find something better, please post, as we are also looking

amother

Pewter

Sun, May 17 2020, 7:50 pm

Online banks tend to have the best rates for savings accounts, but now they're all low bc the Fed keeps lowering interest rates.

amother

Sun, May 17 2020, 10:38 pm

.8 to .1 APY on a 12-24 mo CD at HSBC. Their checking account is paying better than my brokerage at Schwab.

amother

Chartreuse

Thu, Jun 18 2020, 8:37 pm

Marcus by Goldman Sachs. 1% APY in a savings account

BetsyTacy

Thu, Jun 18 2020, 8:49 pm

CDs are traditionally the highest. When yields are high, it can really make a difference. Right now rates are so low that the spread between a good rate and a bad rate is really small because even the good rates are very bad.