I've always been told to keep an emergency fund of at least six months of savings in case of issues or problems that arise in my future. Well, I saved around ten years worth of emergency funds. This is separate from my investment risk capital or normal earnings. Now, it is earning around five hundred dollars a month in savings interest, and is at a bank that has additional insurance to over over the standard 100k FDIC (Citibank). The question is, am I placing the monies in the best place to earn interest? I already have a Roth IRA and solo 401k as well. I just like to have additional back-up plans in case problems arise. I also need the monies to be in little to no risk, however, I think 3.20% is really pathetic, and I do not trust this amount of money to an Internet bank. I did divert around 50k into a some mutual funds, and it is earning around 28%. However, it is based on different funds based on metals, Asia, Europe, and Latin America. Any ideas on what safe investments I can use to better grow the monies in my savings account? I asked the bank for a better rate, and they said under a million this was the best rate I can get. Which, sounds really strange. Usually, I thought the more money you have in savings the better rate you get... What am I missing here?