Another short post this morning. I just opened a new savings account with Ally. The rate is 1.65% and the rate on my old savings account was 1.00%. I should earn just shy of $200 a year on my savings with this new rate! I know $200 a year isn't going to make or break me, but it's definitely a nice addition to my savings.
I also learned that a company named Marcus was is offering 1.8%, but I have not looked into the details yet. If it is offering no minimum balance and no fees, I might have to open another savings account!
Haven't heard of that one. Will have to check it out, thanks!
ReplyDeleteYou're Welcome! And Ally just raised its rates to 1.75%!
DeleteHey! Looks like the new comment settings are working! Thanks.
ReplyDeleteIsn't it great getting a little extra cash.
I have the Marcus account. They have no fees are minimum balance. I really like it so far. The only catch is that they don't offer a debit card or a mobile app. You have to be willing to wait a couple of days to transfer money out of that account.
I'm fine with all that because I don't want immediate access to my account. But there are several other high interest savings accounts that offer different perks. Let us know how you like Ally over time.
oh awesome! Thanks for the info re: the Marcus account, I never got a chance to look into the details! Ally just raised its rates to 1.75% so I'm pretty excited about that since it's so close to the marcus rate.
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