High interest rate money and easily accessible - where?

Discussion in 'Trading' started by AshanD, Jun 27, 2005.

  1. AshanD


    Hi, I'm curious where I should keep most of my money to generate interest and be accessible if I need to withdraw some funds (doesn't have to be anything like a checking account though) It must be low risk. Any suggestions?

  2. NKNY


    INg direct...3 % also hsbc has a 3% rate with no fees as well.

    Quick easy access to your money...

  3. babe714


  4. Ebo


    Citibank = 3.25% if you want a bank with a branch!
  5. Ebo


    Mad Schnook:

    I did not see your bank listed as F.D.I.C. insured for some reason!
  6. Is this available now? I thought it was coming soon but not quite here yet (if you are talking about their e-savings account)
  7. Ebo


    Honestly, I am just quoting the huge sign in the window across the street. I did not read the fine print yet.
  8. Htrader

    Htrader Guest

    The best rate I've found is Vanguard's tax exempt money market fund.

    Its currently offering a 2.3% tax-free yield, which is the equivalent of a 3.53% yield if you are in the 35% tax bracket.

    There is no fdic protection, but its vanguard, and if you are in the top tax bracket you most likely have over $100,000 in cash anyways.
    #10     Jun 27, 2005