Between Chase, Capital One, Bank of America, Marcus and AmEx, would you recommend any for a HYSA? I’m very new to figuring out what to do with my money sadly, but im learning. I specifically want recommendations on HYSA and I have some form of banking with each of these banks already.

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Sofi beats them all. 3% interest, $275 cash bonus (referral + direct deposit), 2 day early paychecks, and just a great app overall with stocks, crypto, loans, etc.

I have Marcus as well and haven't had issues there. No cash bonus though. Chase is awful, not sure why you'd use them.

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Ally has been easy to use for me. Not sure how Chase is on your list

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It is paying 3%. Not sure what perks others are offering. They just had a 1% bonus on cash deposited. Don’t think anything is going on now.

Enjoying my capital one account!

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I have Marcus & no issues 🤷🏻‍♀️

Started earning from Day 1 of transfer, before funds had hit the account.

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Amex. No hassle hysa.

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Also have an AMEX HYSA at ~3%. I like the ability to link all my accounts together so I can easily toggle/transfer between HYSA and credit card

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Can someone share that 1% promotional link ?

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DM me if you still need it

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I recommend Marcus. They do promotions throughout the year too if you deposit a certain amount, they’ll give you a bonus. No issues ever, been a customer for years. Right now you’ll get a referral bonus with 4% interest rate for 3 months if you use my link (DM me).

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Do you already have a savings account with them?

Following, looking at Marcus right now and keep seeing horrible reviews...

Literally the only “issue” I could see with Marcus is that their rates are often slightly lower than the more fintech-y brands. But I’ve never had any issues with their product offering or service.

F

I like Ally Bank.

I love Marcus, never had any issues and customer service is A1. Let me know if anyone needs a referral for an extra 1% for 3 months

Are there any down sides of these HYSA ? Specifically Marcus ? I am looking to park 200k for 3-6 months but need it after for a house purchase and just want the flexibility to withdraw without penalties

It takes about a week to transfer funds back & forth.
Available to earn interest as soon as the transfer is initiated but it takes a bit to have the actual funds in the account.
Other than that, not that I’m aware.

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