How’s their high yield savings account? Thinking to move $200K there but don’t want them to pull a bait and switch on their 0.6% APY. TC: $250K
Just put 50k in crypto USD accounts Yields >5%
Already have some there
Why are you keeping 200k in savings though?
I have almost 8 fig net worth. Having some cash on hand is helpful for when good deals come by
Seems like it's probably not worth the time and effort and potential risk for .6% (.1% difference?) Might as well stick with a big name bank with Uncle Pow's backing. Although maybe you're angling for FDIC?
You can get better than that: https://www.doctorofcredit.com/high-interest-savings-to-get/
Most ppl seem to just use Marcus by GS. APY has been stable at .5%. Trust them more than lending club
Already have a Marcus account
But good rec