Viewing a single comment thread. View all comments

nasty_nater t1_jdv41vv wrote

Reply to comment by LordOfTheDerp in First Citizens Bank to purchase assets of Silicon Valley Bank by Substantial-Pass-992

Dude why would you even have savings there? There’s HYSAs with 4.5%+.

34

LordOfTheDerp t1_jdvr2qn wrote

Gotta have a day off to get shit done. I'm a wage slave. Golden handcuffs and all.

5

cheesepuff07 t1_jdvtzmb wrote

…what? within 5 minutes you can have your account setup and funded solely online

17

IvanKozlov t1_jdvyfek wrote

You can literally set up an account with Betterment right now all online and have a 4.5% interest savings account today.

6

No-Reach-9173 t1_jdx5tgs wrote

Does betterment actually have HYSA I thought they just did regular/fractional investments via "AI"?

2

ShittyFrogMeme t1_jdxvzzi wrote

Betterment has a cash account but you are better off just buying treasuries yourself or, if you value simplicity, just buying VUSXX.

3

IvanKozlov t1_jdx7ci3 wrote

They do. They have robo investing as their original main draw, but they also have HYSA accounts, checking accounts, IRAs, among other things. I've been a customer of theirs for a few years.

2

t-poke t1_jdw8liq wrote

It takes 5 minutes to open a HYSA and move your money over. You can probably do it on your phone while taking a shit.

3