I switched to high-yield savings at Capital One and I'm glad I did - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 90 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

'I finally took the time to transfer my savings into a high yield savings account. It took all of 10 minutes to make the switch, but I am so happy that I did'

I don't have a great reason for putting off the decision to transfer my savings out of an account that was providing a 0.01% APY. Luckily, I know that I made a mistake and decided to make a change.

I finally took the time to transfer my savings into a high yield savings account. It took all of 10 minutes to make the switch, but I am so happy that I did. After taking a closer look at my options, I decided to open an account with Capital One. TheOne of the biggest factors in making my decision was choosing an account with a competitive interest rate. When I opened the account, the APY offered was 1.50% . That is 150 times more than I was earning in my traditional savings account.

I wanted the account to help my savings grow without any additional contributions from me. Although I have other savings earmarked for other purposes like buying a home and retirement, I am not planning on adding to this account anytime soon. Instead, I will allow it to grow on its own.Beyond the interest rate, I wanted a reward for choosing to stash my savings at a particular institution. After all, these savings took a lot of work to build, so a little reward would be nice.

When I was hunting for my perfect high yield saving account, Capital One happened to be offering an attractive welcome bonus. The bonus rewarded different amounts of deposits with different levels of rewards. Since I was opening my account with $35,000, I was able to score a hefty bonus of $300. Although the welcome funds will not hit my account until October, it will provide a nice boost to my savings without any effort on my part.

If you choose to open a high yield savings account, it is important to do your research. Where you store your money is a very personal decision. Since you have different goals for your money and different preferences for your bank account's features, take the time to find the right high yield savings account that can help you reach your goals.

 

コメントありがとうございます。コメントは審査後に公開されます。

I recently found out about I entered my criteria and used this to get suggestions for online savings accounts. I found one that offered 1.30%. Since I’m an AARP member, I was able to obtain an additional .10%.

We tell all of the young adults we work with to put their savings into high-yield savings accounts! It doesn't make a ton of money unless you have a lot to start with... but better than sitting in a normal savings account!

You should have to disclose that this is an advertisement in the tweet.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Why I have 13 high-yield savings accounts with Capital One - Business Insider'I've tried the 'one big pot' strategy in the past, and I found it pretty confusing. I didn't know if I could afford to spend $400 on new tires or if some of the money in that account was supposed to go toward an upcoming medical bill.'
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Japan bond offering negligible yield gains investor attention - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

The Internet of Medical Things report - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Sweden touts lockdown-free COVID-19 strategy despite high death rate - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. in the no go zones. If this is a marathon then a lot of innocent elderly are still going to die. I don't get it other than it is bordering on genocide? Maybe that's the plan? Rid society of the economic burdens? Ffs Sweden pull yourselves together - I still love you but this process is hard to watch
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Fauci said he wears mask to be 'symbol' of what 'you should be doing' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hey. F u Fauci. How many deaths are you responsible for. FauciFraud Trump also wants to be a symbol of what you should be doing, except that Trump is telling you to paint yourself orange and use up a can of hairspray every day. My spontaneous successful wins in my trade has left me speechless, I'm just dumbfounded. You are the best and I really appreciate all these profits from you. Keep your contact with your source cos their trading strategies 101% assured cathleen_erinfx
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »