Money market fund yields stuck at 0.01% for several years after the financial crisis. Some fund companies had to pump money into the funds out of their own pocket just to keep the yield at 0.01%. Meanwhile some banks kept their high yield savings [...]
Mango Prepaid Card: 6% APY Savings Account A Hidden Gem
[Updated on June 2, 2016. Readers reported not receiving interest for dubious reasons. I don't recommend this card anymore. I'm closing my account.] Today we are going to look at something off the beaten path in our pursuit to double the bond [...]
Virginia CollegeWealth 529 Plan Offers FDIC Insured Savings Account
[Updated in October 2015: Interest rates were lowered to 1.0% at BB&T, 1.25% - 1.5% at Union Bank & Trust.] If you like a principal-guaranteed option for a 529 plan account, but you aren't quite sure about the MetLife stable value fund in [...]
Using a Reward Checking Account For Emergency Fund
A reward checking account is a checking account that pays a high interest rate up to a balance cap but requires you to use its debit card X number of times a month among some other easy-to-meet requirements. For instance the account I recently [...]
BBVA Compass Build My Savings Match Bonus: Effectively 6% Return FDIC Insured
[Update in October 2015: BBVA changed the terms of the Build My Savings account. Accounts opened before July 2015 are still on the old terms described here. New accounts have a maximum transfer period of 12 months and a maximum match bonus of [...]
