[lolinder]

They were definitely doing high interest yield:

> ## Up to 4.50% annual percentage yield

> Help make your money last longer with our Startup Money Market Account. Like with a savings account, you’ll earn up to 4.50% APY on deposits — so you gain a longer runway. Certain restrictions apply.

https://www.svb.com/startup-banking

[axlee]

Bingo. Anyone who has dealt with SVB knows that. And that's just the public part.

[muzz]

Funny how this not mentioned in the petition or any of the posts

[beezle]

You can find similar rates from some other banks today. It is not so hard to do when 1mo treasury bills are yielding 4.80 and 3m over 5.0%

[medvezhenok]

It's about 1% higher than most solid/large high-yield online banks right now (Capital One 360 at 3.4%, Discover Savings is at 3.5%, Ally Bank is at 3.6%).

So I wouldn't say that you could get 4.5% from a reputable bank at the moment.

[beezle]

If your amount is under 250K, its insured. If not, take 1/4 (or 1/8th) of funds and place in 4 or 8 week t-bills every week for 4 (or 8) weeks with automatic roll over. On Wed those rates were 4.80% and 4.88%.

[jlmorton]

The 4.5% rate linked above is in a money market account. It's the exact same rate available from Vanguard today.