View Single Post
 
Old 04-02-2020, 01:56 PM
tophcfa's Avatar
tophcfa tophcfa is offline
Sage
Join Date: Feb 2015
Location: Wherever I happen to be.
Posts: 5,983
Thanks: 2,822
Thanked 8,931 Times in 2,701 Posts
Default

Quote:
Originally Posted by champion6 View Post
Looking for some suggestions based on your first-hand experience
Where have you put cash?
Why did you choose it?
What are you earning on it?
American Express High Yield savings account. It’s an on-line bank (doesn’t have to cover the expenses of a brick and mortar bank) that credits a higher rate than a typical bank account. It is currently crediting a 1.7% rate and is FDIC insured for up to $250,000. It only allows 6 withdrawals per year, but no limit on how much each withdrawal can be.