pratik
pratik

Documenting my post-Fed-meeting interest rate increase on savings accounts I have.

BTW Ally Savings is 3.40%

Screenshot showing snippet of email from Betterment announcing their interest rate at 4% starting on Feb 6th
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In reply to
aurora
aurora

@pratik 11mo CD at Capital One hitting 5% APY

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pratik
pratik

@aurora I guess, it might be ok to get a CD now but not sure. I remember getting one just before this interest rate hike started and it was 1.25% for 11 months. Broke it long time ago :)

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stupendousman
stupendousman

@pratik Why not 4 week treasury bills at around 4.6/8% - Is CD better than treasury bills? Honest qn I am wondering @aurora.

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pratik
pratik

@supremus @aurora Yup, that's a better option in terms of liquidity. I park my emergency funds in savings. A CD wouldn't be preferrable. 4-week treasury bills are better that way.

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