[blep_]

Where did you find a savings account yielding 4%?

[anonporridge]

This comment right here is part of why the banking crisis has just barely started.

Tons and tons of people have their cash sitting in a shitty Chase savings account yielding 0.1%, while there are many FDIC insured banks offering at least 3% and up to 5%. As a critical mass of these people realize the options available, they'll rapidly move their money with online transfers causing more banks to collapse. The extremely rapid outflows are what killed SVB, Signature, and Republic who were screwed because they had too many low yielding treasuries because the Fed hiked rates so fast.

I've been yielding over 3% in a Capital One savings account since last year.

[unclad5968]

What cap one account do you have? Mine nets a whopping 0.3% APY

[kelnos]

According to [0], the "360 Performance Savings" is at 3.75% now.

[0] https://www.capitalone.com/bank/open-an-account/

[lotsofpulp]

https://www.investopedia.com/best-high-yield-savings-account...

https://www.doctorofcredit.com/high-interest-savings-to-get/

[tombert]

Not exactly a “savings account”, but Treasury Bills have routinely beat 4% for quite awhile, nowadays getting upwards of 5.25% for 13 week ones.

They can be purchased quite easily from the US treasury website, or investment sites like Fidelity.

[nickthegreek]

Apple themselves have a 4% savings account and will also give you 0% on device purchases through their Apple Card.

[netheril96]

The Fed interest rate is well above 4%. No doubt some banks are offering 4%.

[0x457]

My Marcus by GS gives me 4.15% and Ally gives be 3.75%.

[cypherpunks01]

Wealthfront Cash account is 4.55% at the moment

[was_a_dev]

Some accounts in the UK have been offering 6+%

[seabass-labrax]

The best interest account listed on MoneySavingExpert.com is at 5%, with the condition that you do not withdraw within 3 years of a deposit. Presumably these 6% accounts have similar requirements?