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by rhtgrg 1195 days ago
> Is there a good reason for this other than if you're about to buy a house or something?

Liquidity. FDIC insurance upto $250k. Of course, you don't want to put a big chunk of your money into a bank like this, but $100k is not a "big chunk of your money" to a lot of people, in relative terms.

I'm assuming your sentiment applies to HYSAs as well, which is the better place for this kind of thing.