tag:blogger.com,1999:blog-323569232024-03-18T12:35:32.561-07:00PFStock: Personal Finance and Stock InvestingWelcome to DC's Personal Finance: A blog about saving money, banking, credit cards, stock investing, and brokerages.pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.comBlogger361125tag:blogger.com,1999:blog-32356923.post-47585788987135845032020-09-22T06:30:00.001-07:002020-09-22T06:30:02.369-07:00Money Market Rates Sept 2020Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<div><br /></div><div>0.80% Ally Bank Online Savings</div><div>0.65% Capital One 360 Performance Savings</div><div>0.60% Marcus by Goldman Sachs (GS Bank) Online Savings<br />0.60% Discover Bank Online Savings<br />0.60% American Express High Yield Savings<br />0.60% FNBO Direct Online Savings<br />0.10% Unify FCU Money Market<br />0.06% Citibank Savings Account<br />0.02% Chase Plus Savings<br /><br />In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 9/21/20. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br /><br />In the past, most banks offered CDs that pay significantly more than their money market offerings. However, this doesn't seem to be the case currently. Overall, bank account interest rates are dropping across the board.<br /><br />Frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br /><br />So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.</div><div><br /></div>pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-41045430988142390602020-07-22T09:30:00.000-07:002020-07-22T09:30:03.434-07:00Money Market Rates June 2020Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.05% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.01% Discover Bank Online Savings<br />
1.00% Ally Bank Online Savings<br />
1.00% American Express High Yield Savings<br />
1.00% Capital One 360 Performance Savings<br />
0.90% FNBO Direct Online Savings<br />
0.20% Unify FCU Money Market<br />
0.06% Citibank Savings Account<br />
0.02% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 7/21/20. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
In the past, most banks offered CDs that pay significantly more than their money market offerings. However, this doesn't seem to be the case currently. Overall, bank account interest rates are dropping across the board.<br />
<br />
Frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-36614851316921742892020-05-12T06:30:00.000-07:002020-05-12T06:30:05.557-07:00Credit Card Bonuses - Spring 2020Save money on purchases and get cash back with coupon codes and the following credit cards:<br />
<br />
<b>Citi Dividend Card</b><br />
<ul>
<li>5% cash back 4/1/20 - 6/30/20: Drugstores and Amazon.com</li>
<li>5% cash back 7/1/19 - 9/30/19: TBA</li>
<li>5% cash back 10/1/19 - 12/31/19: TBA</li>
<li>1% on everything else.</li>
</ul>
<b>Discover Card</b><br />
<ul>
<li>5% cash back 4/1/20 - 6/30/20: Gas Stations, Uber, Lyft and Wholesale Clubs</li>
<li>5% cash back 7/1/20 - 9/30/20: Restaurants and PayPal</li>
<li>5% cash back 10/1/20 - 12/31/20: Amazon.com, Walmart.com and Target.com </li>
<li>up to 1% on everything else.</li>
</ul>
<b>Barclaycard Arrival World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>1.05% on everything else.</li>
<li>No annual fee.</li>
</ul>
<b>BankAmericard Cash Rewards</b><br />
<ul>
<li>3% on a selected category (gas, dining, drug stores, home improvement/furnishings, online shopping, or travel)</li>
<li>2% at grocery stores and wholesale clubs (including Costco)</li>
<li>1% on everything else.</li>
<li>No annual fee.</li>
<li>Note: Rewards are higher if you have a Bank of America checking or savings account.</li>
</ul>
<b>Costco Anywhere Visa Card</b><br />
<ul>
<li>4% on gas</li>
<li>3% on restaurants and travel</li>
<li>2% at Costco</li>
<li>1% on everything else.</li>
<li>There is no annual fee, however you must be a Costco member.</li>
</ul>
<b>Citi ThankYou Card</b><br />
<ul>
<li>2X points on Dining Out & Entertainment</li>
<li>1X points on everything else.</li>
</ul>
<b>Barclaycard Arrival Plus World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>2.1% on everything else.</li>
<li>($89 annual fee after first year)</li>
</ul>
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-18834609636573643082020-03-28T09:00:00.000-07:002020-03-28T09:00:05.760-07:00Money Market Rates March 2020Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.70% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.70% American Express High Yield Savings<br />
1.50% Capital One 360 Money Market<br />
1.50% Discover Bank Online Savings<br />
1.50% Ally Bank Online Savings<br />
1.00% FNBO Direct Online Savings<br />
0.50% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 3/27/20. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
In fairness to the bottom three institutions on my list (Unify FCU, Citibank, and Chase), money market accounts are not their strong suit. Each of these offers short-term CDs that pay significantly more than their money market offerings. If your financial institution doesn't have a decent money market, you may investigate if they have any competitive CD rates.<br />
<br />
Overall, MM account interest rates are dropping. Notably, the Ally Bank Online Savings account was paying 2.20% as recently as June 2019, and has now dropped to 1.50%. It will be interesting to see if the rates will continue to go down, or stabilize from here.<br />
<br />
Frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-72882676242920332632020-01-20T05:30:00.000-08:002020-01-20T05:30:04.900-08:00Stock Market HolidaysEvery time that a holiday rolls around, I get to wonder if the stock market is open or closed on that day. Here is the current list of holidays that are observed by the U.S. stock markets:<br />
<br />
New Year's Day - Closed<br />
Martin Luther King, Jr. Day - Closed<br />
President's Day - Closed<br />
Good Friday - Closed<br />
Memorial Day - Closed<br />
Independence Day - Closed<br />
Labor Day - Closed<br />
Thanksgiving Day - Closed<br />
Day After Thanksgiving - Early Close at 1:00 p.m. (ET)<br />
Christmas Eve - Early Close at 1:00 p.m. (ET)<br />
Christmas Day - Closed<br />
<br />
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-44098990539499882492019-11-15T11:30:00.000-08:002019-11-15T11:30:08.526-08:00Money Market Rates Are Still FallingHere are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.90% FNBO Direct Online Savings<br />
1.90% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.90% Capital One 360 Money Market<br />
1.80% Discover Bank Online Savings<br />
1.75% American Express High Yield Savings<br />
1.70% Ally Bank Online Savings<br />
0.50% Unify FCU Money Market<br />
0.06% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 11/14/19. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
In fairness to the bottom three institutions on my list (Unify FCU, Citibank, and Chase), money market accounts are not their strong suit. Each of these offers short-term CDs that pay significantly more than their money market offerings. If your financial institution doesn't have a decent money market, you may investigate if they have any competitive CD rates.<br />
<br />
Overall, MM account interest rates are continuing to fall. Notably, the Ally Bank Online Savings account was paying 2.20% as recently as June 2019, and has now dropped to 1.70%. It will be interesting to see if the rates will continue to go down, or stabilize from here.<br />
<br />
Frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
<br />pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com3tag:blogger.com,1999:blog-32356923.post-76233989753071917612019-10-03T06:00:00.000-07:002019-10-03T06:00:04.257-07:00Another Broker Price WarIt all started with Charles Schwab announcing that they will eliminate commissions on U.S. stock, ETF, and option trades (they will still charge $0.65 per contract) as of Monday, October 7, 2019. I was then informed that TD Ameritrade has followed suit and will charge $0 commissions as of October 3, 2019.<br />
<br />
In the middle of writing this post, I then heard from E*TRADE that they would also reduce their commissions to $0 on Monday. I have an old <a href="https://pfstock.blogspot.com/2013/09/lock-in-395-stock-commissions.html">OptionsHouse</a> account that is now administered by E*TRADE, and was already getting $3.95 trade commission.<br />
<br />
So far, there is no news from Fidelity; I assume that they will continue to charge $4.95 per trade. This is another series of moves in the continuing price war among online brokers.<br />
<br />
I stopped paying much attention to commissions when they dropped below $20 per trade, saying that "The difference of few dollars is not a big deal." But, it is interesting to note that stock commissions are still going down -- a true race to the bottom. I still remember the days when paying $45-50 per trade was considered very reasonable. We were comparing discount brokerages versus the full service guys at the time.<br />
<br />
PFS<br />
<br />pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-16531073690916041532019-08-07T09:30:00.000-07:002019-08-07T09:30:09.141-07:00Money Market Rates August 2019Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
2.15% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
2.10% FNBO Direct Online Savings<br />
2.10% American Express High Yield Savings<br />
2.00% Discover Bank Online Savings<br />
2.00% Capital One 360 Money Market<br />
1.90% Ally Bank Online Savings<br />
0.50% Unify FCU Money Market<br />
0.06% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 8/6/19. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Although, most of the better MM accounts offer a rate of 2.00% or higher, these interest rates are beginning to drop again. For a long while, there was a significant uptrend in these money market rates. It will be interesting to see what happens in the longer term.<br />
<br />
Frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com2tag:blogger.com,1999:blog-32356923.post-86142459043727596482019-06-25T08:00:00.000-07:002019-06-25T08:00:09.560-07:00Money Market Rates June 2019Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
2.25% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
2.20% FNBO Direct Online Savings<br />
2.20% Ally Bank Online Savings<br />
2.10% American Express High Yield Savings<br />
2.10% Discover Bank Online Savings<br />
2.00% Capital One 360 Money Market<br />
0.50% Unify FCU Money Market<br />
0.06% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 6/24/19. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Most of the better MM accounts are now offering a rate of 2.00% or higher. These interest rates are now competitive. For a while, there was a significant uptrend in these money market rates. However, they now seem to have stabilized, and there has been little change from month to month.<br />
<br />
Frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-47909999340687935302019-04-23T08:30:00.000-07:002019-04-23T08:30:08.307-07:00Money Market Rates March 2019Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
2.25% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
2.25% FNBO Direct Online Savings<br />
2.20% Ally Bank Online Savings<br />
2.10% American Express High Yield Savings<br />
2.10% Discover Bank Online Savings<br />
2.00% Capital One 360 Money Market<br />
0.50% Unify FCU Money Market<br />
0.06% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 4/22/19. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Most of the better MM accounts are now offer a rate of 2.00% or higher. The interest rates are now very competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-80562189071515193072019-02-14T10:00:00.000-08:002019-02-14T10:00:13.478-08:00Money Market Rates February 2019Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
2.25% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
2.20% Ally Bank Online Savings<br />
2.15% FNBO Direct Online Savings<br />
2.10% American Express High Yield Savings<br />
2.10% Discover Bank Online Savings<br />
2.00% Capital One 360 Money Market<br />
0.50% Unify FCU Money Market<br />
0.06% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 2/13/19. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. (For example, Citibank currently offers a competitive (2.15%) promotional savings rate. However, it requires a $25,000 deposit of "new money" and drops back to their standard rate after 90 days.) I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Most of the better MM accounts are now offer a rate of 2.00% or higher. The interest rates are now very competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-88582163214165057772018-12-22T09:00:00.000-08:002018-12-22T09:00:08.747-08:00 Credit Card Bonuses 2019Save money on purchases and get cash back with coupon codes and the following credit cards:<br />
<br />
<b>Citi Dividend Card</b><br />
<ul>
<li>5% cash back 1/1/19 - 3/31/19: Gas Stations & The Home Depot</li>
<li>5% cash back 4/1/19 - 6/30/19: Drugstores & Fitness Clubs</li>
<li>5% cash back 7/1/19 - 9/30/19: Airlines & Car Rentals</li>
<li>5% cash back 10/1/19 - 12/31/19: Best Buy & Department Stores</li>
<li>1% on everything else.</li>
</ul>
<b>Discover Card</b><br />
<ul>
<li>5% cash back 1/1/19 - 3/31/19: Grocery Stores</li>
<li>5% cash back 4/1/19 - 6/30/19: Gas Stations, Uber and Lyft</li>
<li>5% cash back 7/1/19 - 9/30/19: Restaurants</li>
<li>5% cash back 10/1/19 - 12/31/19: Amazon.com</li>
<li>up to 1% on everything else.</li>
</ul>
<b>Barclaycard Arrival World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>1.05% on everything else.</li>
<li>No annual fee.</li>
</ul>
<b>BankAmericard Cash Rewards</b><br />
<ul>
<li>3% on gas</li>
<li>2% at grocery stores and wholesale clubs (including Costco)</li>
<li>1% on everything else.</li>
<li>No annual fee.</li>
<li>Note: Rewards are worth more if you deposit them into a Bank of America account.</li>
</ul>
<b>Costco Anywhere Visa Card</b><br />
<ul>
<li>4% on gas</li>
<li>3% on restaurants and travel</li>
<li>2% at Costco</li>
<li>1% on everything else.</li>
<li>There is no annual fee, however you must be a Costco member.</li>
</ul>
<b>Citi ThankYou Card</b><br />
<ul>
<li>2X points on Dining Out & Entertainment</li>
<li>1X points on everything else.</li>
</ul>
<b>Barclaycard Arrival Plus World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>2.1% on everything else.</li>
<li>($89 annual fee after first year)</li>
</ul>
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-67669365035866902562018-10-20T10:30:00.000-07:002018-10-20T10:30:10.648-07:00Money Market Rates October 2018Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
2.00% FNBO Direct Online Savings<br />
1.95% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.90% Ally Bank Online Savings<br />
1.90% American Express High Yield Savings<br />
1.90% Discover Bank Online Savings<br />
1.85% Capital One 360 Money Market<br />
0.50% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 10/19/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several of the high end MM accounts are now offer a rate of 1.90% to 2.00%. The interest rates are now very competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-72507171961548326442018-08-30T09:30:00.000-07:002018-08-30T09:30:06.524-07:00Money Market Rates August 2018Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.85% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.85% FNBO Direct Online Savings<br />
1.85% Capital One 360 Money Market<br />
1.80% Ally Bank Online Savings<br />
1.80% American Express High Yield Savings<br />
1.75% Discover Bank Online Savings<br />
0.50% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 8/29/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several of the high end MM accounts are now offer a rate of 1.75% to 1.85%. The interest rates are now very competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-28457103469813683402018-07-12T09:00:00.000-07:002018-07-12T09:00:05.942-07:00Money Market Rates July 2018Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.80% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.75% FNBO Direct Online Savings<br />
1.75% Ally Bank Online Savings<br />
1.75% American Express High Yield Savings<br />
1.75% Discover Bank Online Savings<br />
1.75% Capital One 360 Money Market<br />
0.50% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 7/11/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several of the high end MM accounts are now offer a rate of 1.75%. This rate is higher than most of the short-term (1 year or less) CDs that I could find. I have a couple of CD accounts that I will now consider closing at maturity or sooner. The interest rates are now very competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
<br />pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com5tag:blogger.com,1999:blog-32356923.post-36667502504475795112018-06-28T09:30:00.000-07:002018-06-28T09:30:16.425-07:00Credit Card Bonuses Q3 2018Save money on purchases and get cash back with coupon codes and the following credit cards:<br />
<br />
<b>Citi Dividend Card</b><br />
<ul><li>5% cash back 7/1/18 - 9/30/18: Airline & Movies</li>
<li>5% cash back 10/1/18 - 12/31/18: Best Buy & Department Stores</li>
<li>1% on everything else.</li>
</ul><b>Discover Card</b><br />
<ul><li>5% cash back 7/1/18 - 9/30/18: Restaurants</li>
<li>5% cash back 10/1/18 - 12/31/18: Amazon.com & Wholesale Clubs</li>
<li>up to 1% on everything else.</li>
</ul><b>Barclaycard Arrival World MasterCard (Travel Rewards)</b><br />
<ul><li>2.1% on travel and dining</li>
<li>1.05% on everything else.</li>
<li>No annual fee.</li>
</ul><b>BankAmericard Cash Rewards</b><br />
<ul><li>3% on gas</li>
<li>2% at grocery stores and wholesale clubs (including Costco)</li>
<li>1% on everything else.</li>
<li>No annual fee.</li>
<li>Note: Rewards are worth more if you deposit them into a Bank of America account.</li>
</ul><b>Costco Anywhere Visa Card</b><br />
<ul><li>4% on gas</li>
<li>3% on restaurants and travel</li>
<li>2% at Costco</li>
<li>1% on everything else.</li>
<li>There is no annual fee, however you must be a Costco member.</li>
</ul><b>Citi ThankYou Card</b><br />
<ul><li>2X points on Dining Out & Entertainment</li>
<li>1X points on everything else.</li>
</ul><b>Barclaycard Arrival Plus World MasterCard (Travel Rewards)</b><br />
<ul><li>2.1% on travel and dining</li>
<li>2.1% on everything else.</li>
<li>($89 annual fee after first year)</li>
</ul>PFS<br />
<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-39309283542870766872018-05-12T09:00:00.000-07:002018-05-12T09:00:01.708-07:00Money Market Rates Higher than Some CDsHere are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.60% FNBO Direct Online Savings<br />
1.60% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.60% Capital One 360 Money Market<br />
1.60% Ally Bank Online Savings<br />
1.55% American Express High Yield Savings<br />
1.50% Discover Bank Online Savings<br />
0.20% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 5/11/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
So, the high end of these MM rates is now at 1.60%. This rate is higher than most of the short-term (1 year or less) CDs that I could find. I have a couple of CD accounts that I will now consider closing at maturity or sooner.<br />
* Note: I could no longer find the non-promotional rate for Popular Direct, so I deleted it.<br />
<br />
Several other banks have bumped up their money market rates and most of the ones in my list are now paying 1.50% or more. The interest rates are now becoming competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-11169970410383225692018-04-26T08:30:00.000-07:002018-04-26T08:30:35.918-07:00Money Market Rates April 2018Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.65% Popular Direct Savings*<br />
1.60% FNBO Direct Online Savings<br />
1.60% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.60% Capital One 360 Money Market<br />
1.55% American Express High Yield Savings<br />
1.50% Discover Bank Online Savings<br />
1.45% Ally Bank Online Savings<br />
0.20% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 4/25/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
* Note: I could not find the non-promotional rate for Popular Direct.<br />
<br />
Several other banks have bumped up their money market rates and most of the ones in my list are now paying 1.45% or more. The interest rates are now becoming competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-74959443476667765112018-03-29T08:30:00.000-07:002018-03-29T08:30:13.165-07:00Credit Card Bonuses March 2018Save money on purchases and get cash back with coupon codes and the following credit cards:<br />
<br />
<b>Citi Dividend Card</b><br />
<ul>
<li>5% cash back 4/1/18 - 6/30/18: The Home Depot & Home Furnishing Stores</li>
<li>5% cash back 7/1/18 - 9/30/18: Airline & Movies</li>
<li>5% cash back 10/1/18 - 12/31/18: Best Buy & Department Stores</li>
<li>1% on everything else.</li>
</ul>
<b>Discover Card</b><br />
<ul>
<li>5% cash back 4/1/18 - 6/30/18: Grocery Stores</li>
<li>5% cash back 7/1/18 - 9/30/18: Resaurants</li>
<li>5% cash back 10/1/18 - 12/31/18: Amazon.com & Wholesale Clubs</li>
<li>up to 1% on everything else.</li>
</ul>
<b>Barclaycard Arrival World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>1.05% on everything else.</li>
<li>No annual fee.</li>
</ul>
<b>BankAmericard Cash Rewards</b><br />
<ul>
<li>3% on gas</li>
<li>2% at grocery stores</li>
<li>2% at wholesale clubs (including Costco)</li>
<li>1% on everything else.</li>
<li>No annual fee.</li>
</ul>
<b>Costco Anywhere Visa Card</b><br />
<ul>
<li>4% on gas</li>
<li>3% on restaurants and travel</li>
<li>2% at Costco</li>
<li>1% on everything else.</li>
<li>There is no annual fee, however you must be a Costco member.</li>
</ul>
<b>Citi ThankYou Card</b><br />
<ul>
<li>2X points on Dining Out & Entertainment</li>
<li>1X points on everything else.</li>
</ul>
<b>Barclaycard Arrival Plus World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>2.1% on everything else.</li>
<li>($89 annual fee after first year)</li>
</ul>
PFS<br />
<br />pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1tag:blogger.com,1999:blog-32356923.post-22906786757687707452018-02-23T06:00:00.000-08:002018-02-23T06:00:09.180-08:00 Money Market Rates February 2018Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.50% Popular Direct Savings<br />
1.50% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.50% Capital One 360 Money Market<br />
1.45% American Express High Yield Savings<br />
1.45% Ally Bank Online Savings<br />
1.40% FNBO Direct Online Savings<br />
1.40% Discover Bank Online Savings<br />
0.20% Unify FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 2/21/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several other banks have bumped up their money market rates and most of the ones in my list are now paying 1.40% or more. The interest rates are now becoming competitive, and I expect that will be a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
<br />pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com3tag:blogger.com,1999:blog-32356923.post-1321569129318780752018-01-20T10:30:00.000-08:002018-01-20T10:30:15.063-08:00Money Market Rates January 2018Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.50% Popular Direct Savings<br />
1.50% Marcus by Goldman Sachs (GS Bank) Online Savings<br />
1.40% FNBO Direct Online Savings<br />
1.40% Discover Bank Online Savings<br />
1.40% Capital One 360 Money Market<br />
1.35% American Express High Yield Savings<br />
1.35% Ally Bank Online Savings<br />
0.20% Unify (fmr. Western) FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 1/19/18. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several other banks have bumped up their money market rates and most of the ones in my list are now paying 1.35% or more. I expect that some increase will become a trend for a while. What surprised me is that Ally Bank used to be consistently near the top of the list, but now it is trailing the leading banks by 15 basis points.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com2tag:blogger.com,1999:blog-32356923.post-84783081171887116322017-12-27T09:00:00.000-08:002017-12-29T18:00:38.794-08:00Updated CD StrategyA few months ago, I wrote about a <a href="http://pfstock.blogspot.com/2017/07/new-cd-strategy.html">New CD Strategy</a> for getting a 1.5% APY return on my savings. My plan involved opening an 11-month No Penalty CD at Ally Bank. As I may have predicted, CD rates have risen since my post. Ally is now offering 1.75% APY for the same CD.<br />
<br />
The main risk of a long-term CDs is the chance that interest rates will rise and you’re committed to the lower rate until the CD matures. But the no penalty CD eliminates this risk.<br />
<br />
At Ally, you cannot directly convert an old CD into a new one at the higher rate. As a result, I first opened a new CD at the higher rate. I then transferred money into the new CD at the higher rate. Withdrawals from the existing CD carry no penalty.<br />
<br />
<i>Disclaimer: The example provided here is for illustrative purposes only. I am not providing tax or investment advice.</i><br />
<br />
PFS<br />
<br />pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-14852335538145913532017-11-21T09:30:00.000-08:002017-11-21T09:30:13.525-08:00Money Market Rates November 2017Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.40% Popular Direct Savings<br />
1.30% GS (Goldman Sachs) Bank Online Savings<br />
1.25% Ally Bank Online Savings<br />
1.25% American Express High Yield Savings<br />
1.20% Discover Bank Online Savings<br />
1.15% FNBO Direct Online Savings<br />
0.75% Capital One 360 Savings<br />
0.20% Unify (fmr. Western) FCU Money Market<br />
0.04% Citibank Savings Account<br />
0.04% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 11/20/17. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several other banks have bumped up their money market rates and most of the ones in my list are now paying 1.15% or more. Even Citibank and Chase nudged their rates higher by 0.01%! I expect that some increase will become a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com8tag:blogger.com,1999:blog-32356923.post-86378552088492442942017-10-30T06:00:00.000-07:002017-10-30T06:00:23.440-07:00Credit Card Bonuses Year-End 2017Save money on purchases and get cash back with coupon codes and the following credit cards:<br />
<br />
<b>Citi Dividend Card</b><br />
<ul>
<li>5% cash back 10/1/16 - 12/31/17: Best Buy & Department Stores</li>
<li>1% on everything else.</li>
</ul>
<b>Discover Card</b><br />
<ul>
<li>5% cash back 10/1/17 - 12/30/17: Amazon.com & Target</li>
<li>up to 1% on everything else.</li>
</ul>
<b>Barclaycard Arrival World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>1.05% on everything else.</li>
<li>No annual fee.</li>
</ul>
<b>BankAmericard Cash Rewards</b><br />
<ul>
<li>3% on gas</li>
<li>2% at grocery stores</li>
<li>2% at wholesale clubs (including Costco)</li>
<li>1% on everything else.</li>
<li>No annual fee.</li>
</ul>
<b>Costco Anywhere Visa Card</b><br />
This card replaced the Costco TrueEarnings Card from American Express on June 20, 2016.<br />
<ul>
<li>4% on gas</li>
<li>3% on restaurants and travel</li>
<li>2% at Costco</li>
<li>1% on everything else.</li>
<li>There is no annual fee, however you must be a Costco member.</li>
</ul>
<b>Citi ThankYou Card</b><br />
<ul>
<li>2X points on Dining Out & Entertainment</li>
<li>1X points on everything else.</li>
</ul>
<b>Barclaycard Arrival Plus World MasterCard (Travel Rewards)</b><br />
<ul>
<li>2.1% on travel and dining</li>
<li>2.1% on everything else.</li>
<li>($89 annual fee after first year)</li>
</ul>
PFSpfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com0tag:blogger.com,1999:blog-32356923.post-73262520733683357532017-09-16T09:30:00.000-07:002017-09-16T09:30:10.114-07:00Money Market Rates September 2017Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:<br />
<br />
1.21% Popular Direct Savings<br />
1.20% GS (Goldman Sachs) Bank Online Savings<br />
1.20% Ally Bank Online Savings<br />
1.15% Discover Bank Online Savings<br />
1.15% FNBO Direct Online Savings<br />
1.15% American Express High Yield Savings<br />
0.75% Capital One 360 Savings<br />
0.20% Unify (Western) FCU Money Market<br />
0.03% Citibank Savings Account<br />
0.03% Chase Plus Savings<br />
<br />
In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 9/15/17. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks.<br />
<br />
Several other banks have bumped up their money market rates and most of the ones in my list are now paying 1.15% or more. I expect that some increase will become a trend for a while.<br />
<br />
The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.<br />
<br />
So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.<br />
<br />
PFS<br />
pfstockhttp://www.blogger.com/profile/16235204038486228085noreply@blogger.com1