[renewiltord]

Certainly. In our case we were simply consolidating finances, so we got a joint HYSA. The bank account we used was with UFB Direct which is a neobank backed by Axos Bank. They've got the usual FDIC coverage and stuff. The reasons I went with them:

1. 5.25% interest rate

2. Can pay cheques out of the HYSA (some x times / month I think, but it didn't matter because my target was 1 time).

Effectively, that means I don't need to pay rent out of a different account. I can leave the HYSA in place and set my rent cheques to go out of there. This means I can run pretty lean on my other accounts. I only have to cover the credit card bills.

The interest rates they're providing also make total sense considering current rates: they have to be rolling short-term treasuries and skimming the spread. Seems fine to me for a HYSA.