Personal Finance

High Interest Savings Accounts

If you’ve been following along my journey to $100k per year from investments, you’ll know that while I’m waiting to deploy my cash into higher-yielding investments I have been earning a nice interest rate in the meantime.

Some people have asked me what accounts give good rates, so I figured I’d make a list to share. These are listed in no particular order. The interest rates listed are as of 1/11/2020. Please note that they may have changed since then.

Marcus (created by Goldman Sachs) – 1.7%

American Express Online Savings – 1.7%

Betterment Cash Reserve – 1.83%

Ally – 1.6%

Wealthfront – 1.82%

Citi High Yield Savings – 1.85%

Enjoy your returns 🙂