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Registered
Join Date: Dec 2002
Location: Dahlonega , Georgia
Posts: 14,555
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Baz there are online banks that give 4 % + on traditional savings accounts . I happen to use UFB but there are many . When I opened the account a few years ago it was yielding over 5 % . As of today it's 4.10 % . It is FDIC insured up to 250k . I also have a ATM card for small withdrawals . It is my play money account .
When I save up X amount of $ I deposit into my local bank savings account . Then I electronically transfer to the UFB account . If/When I need to do a large withdrawal I just do an electronic transfer into my local account and get the funds in person . It works for me . Just do a search for high yield savings accounts and you will see a variety of accounts available and their current rates . I like the savings account because I don't have to leave the money in there for 9 months or similar like a CD .
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2002 Boxster S . Arctic silver + black top/int. Jake Raby 3.6 SS engine " the beast ". GT3 front bumper, GT3 side skirts and GT3 TEK rear diffuser. 1999 996 C4 coupe black/grey with FSI 3.8 engine . Rear diffuser , front spoiler lip with ducktail spoiler .
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