Ally bank savings account

[Knowklew]

Anyone use this? When I sell the condo I'm thinking of dumping the cash in there for a bit until I figure out what projects I want to do. 2.2% APY

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[JeffsLightning]

Sub'd

 

[Bob Kazamakis]

I use it for longer term money I need access to. They’re easy to deal with and my rate has been going up and up. It’s been easily 6-7 years now? I also have a cc thru them I use for a backup.

 

[EmersonHart13]

I use American Express personal savings which is nearly the same thing and I like it. I say it's a good idea, unless you can find a good 30 day (or more) CD rate at a local bank?

 

[Turtle]

I use them, exactly that way. Park money for a little bit with no real risk.

The rates have been going up. I normally check every few months and they have been in the top 5 highest rates with next to no requirement.

Painless for me to move money around other then the standard waiting a few days.

I also have capital one savings which used to be ING direct, they are not bad but rates normally are behind .25 or so.