Wednesday, November 21, 2018
Money, Money Money!
Ally has raised the rate on its savings account to 2.00%!!! I love Ally because they have consistently raised rates since I opened mine just a few months ago!
However, MySavingsDirect.com is currently offering 2.35% on its savings account! I have had MySavingsDirect account, a division of Emigrant Bank, for a few years now.
Both accounts are fine, but it did take MySavingDirect a while to raise its rates to compete with the other banks.
I still need to check out Marcus by Goldman Sachs, I heard they were a good too and had high rates. But, on the other hand, 2 savings accounts are probably enough.
I read a very sad and sobering story about a couple firmly entrenched in debt. It is a warning to us all to get our money under control. You can read it here.