I finally got my $3000 bonus through J.P. Morgan chase for opening a new account. I thought I was going to have to “remind” them about it but they just deposited in with no issues.
They put the cash deposited into a money market and that’s earning 5% as well I believe. So it’s not like you have to leave the money in the account making nothing. Seemed like a pretty solid deal…
Chase Private Client $3,000 Bonus Offer (August 2023) - The Money Ninja.
You answered your question. Savings Accounts are variable rate. Might as well lock 5… good enough for sleepy cash
Lol yeah I realized as I wrote it I kinda figured it out. 
good for cash you don’t potentially need that’s for sure
I still don’t follow. Savings account rates have been continuously increasing. 18 mo is a long time to raise your hand for something imo.
I’m riding the 5.3% (flexible) wave until I feel the tide has turned, then maybe I’ll consider marrying something like a CD. CD’s haven’t been the best idea for quite awhile now…because again, rates have almost continuously increased.
That is usually the trick with most it seems. The bonus is great, but the money sits basically idle for months. 
That one does seem like a decent deal.
Zaimer, when you hit your 40s, 18mo is gone in an instant. My attention is on my brokerage accounts when it comes to monitoring returns and making adjustments.
I’ll check back on this post in a year to see your Crystal ball analysis on rates continuing to go up
Why not T bills? Currently in the 5.4-5.5% range and exempt from state and local taxes
I don’t have state income tax
Local CU offering 5.25 CD 11 month + 2 free LA Rams tickets when you open an account
They also do CULA leasing!
For anyone considering locking in money for a year or more and has access to the Canadian market, Tangerine has 1 year CAD GICs (aka CDs) at 5.95%.
If you don’t want to try the currency market, they also have 1 year USD GICs at 5.75%
Aren’t rams tickets free? I think I saw an article that you can get season tickets for less then one inter Miami game now…
Hahahaa
Miami = circus currently
Pretty sure every stadium he has been to has been sold out and tickets going for $1k instead of the usual $30. Haha. Dudes def making his salary worth it for the league.
5.40% APY savings account is available at Marcus by Goldman Sachs.
Here is how to get it knowing that the
base rate is 4.30%…
1: Get an AARP membership ($12/year). It boosts the APY by 0.10% for 24 months.
2: Use a referral code (I have 5 to share with anyone who is interested just PM me) to boost the APY by 1.00% for 3 months.
You end up with with an effective APY of 5.40%.
After opening your account, you will receive your own referral code that boosts your APY for an additional 3 months for each person that uses your code. The referral code can be used 5 times giving the account holder a total of 15 months of boosted APY at 5.40%. Obviously, keep in mind that the APY can go up or down in the future as no one can say for sure what the Fed plans on doing in regards to the interest rates.
My experience so far has been great. The process was very easy. The account’s interface is user friendly and straightforward. The interest is compounded daily. Customer service is very decent.
Marcus also does same-day ACHs in/out, which is nice for people who like to run lean on cash in their checking accounts.
Yes! It’s convenient.
Also, no need to wait for the funds to actually settle as the interest starts compounding on the day that you initiate the transfer to the savings account.
APY went up to 5.50% on Marcus by Goldman Sachs savings account!!!
5.50% APY savings account is available at Marcus by Goldman Sachs.
Here is how to get it knowing that the
base rate is 4.40%…
1: Get an AARP membership ($12/year). It boosts the APY by 0.10% for 24 months.
2: Use a referral code (I have 3 left to share with anyone who is interested just PM me) to boost the APY by 1.00% for 3 months.
You end up with with an effective APY of 5.50%.
After opening your account, you will receive your own referral code that boosts your APY for an additional 3 months for each person that uses your code. The referral code can be used 5 times giving the account holder a total of 15 months of boosted APY at 5.50%. Obviously, keep in mind that the APY can go up or down in the future as no one can say for sure what the Fed plans on doing in regards to the interest rates.
My experience so far has been great. The process was very easy. The account’s interface is user friendly and straightforward. The interest is compounded daily. Customer service is very decent.
That is with all of the hoop jumping, correct?
The base rate is 4.40%
It comes out to 5.50% after factoring in the AARP and referall APY boosts.
