Please know that I will try my best to respond to your comments, but I may not make it to all of them. Also, there exists a nefarious element that will try to spam or scam others. I will never ask for personal information or ask you to send me money in any form. Those are scammers. Also, I am not a licensed financial advisor, so please do not request personal advice with your funds, as I am unable to overstep those boundaries. I am here to share information as best I can. WHAT TO WATCH NEXT: ♦Where to Park Cash: Guaranteed 5-6% kzfaq.info/get/bejne/Zt2Dq7dy3bu6lWg.html ♦8 Best Fidelity Index Funds To Buy and Hold Forever: High Growth kzfaq.info/get/bejne/rsp1qNGesdjMkmg.html ♦Investment Ladder Strategy with CDs T-Bills and MYGAs kzfaq.info/get/bejne/gMWndtlpudrSeZ8.html ♦Brokered CDs on Fidelity 2023: How to Buy New and Secondary CDs kzfaq.info/get/bejne/oZhgabFzyKiVlqM.html

Great video. Clearly unbiased, clear outline of the advantages and disadvantages. This channel will blow up

I like AMEX. Paying 3.5% with no gotchas. Plus established company which is a real benefit.

I’ve considered SoFi, but the amount of posts I’ve seen about peoples accounts being frozen and amount of time to unfreeze, kind of scares me.

I currently have $800k in a high yield savings account, yes I’m making gains but to what extent with inflation eating away at the dollar? Am I better off investing in the stock market long term or buying a house?

I have a DCU Account. I opened a checking account with DCU and the earned interest is deposited each month and at the end of the yr. I transfer it to a link account and pay a bill with it. I also have a VIO Bank account and it pays a 4.5% on a money market account. I just opened a Capital one CD with 5%.

Opened a CD with Capital One at 5% for 11 months

Brokered CD's. 3-5 months, or more, offer 4.5-4.9% right now. These savings accounts are also great as well and you can also use the CD's at these banks, albeit at lower rates, to pay out monthly directly into your savings should you need the cash for expenses. I would do a mix match approach.

Thanks for reading 34 pages! I subbed and liked !

I moved 90% of my money to Capital One they pay great rates on CD’s and regular savings accounts, I keep less than $3000 at Chase because of convenience in case I need cash, their rates are terrible

Wow, this is the 1st video i see from this channel, i really like the style and the provided info.. subscribed!!

Primis bank 4.92% APY as of 6/1/23. I only opened a checking since both has the same APY. So far so good, APY was 4.35% when first opened. A week later they increased to 4.92%.

Hi what do you think about Discover Saving account current APY 3.90? Would you recommend switching to wealthfront checking with higher apy?

Brian, Love the tool and details in the spreadsheet. Very helpful.

I think its better if you want high yield is to invest in high yield divided stocks. Some energy stocks pay 8 % dividends and stocks are cheap right now as wall st crashes

I wanted to thank you for the free tool you've created and allowed us to view and use for our decision making and comparisons. I really appreciate it. Take care, and God bless!

I been using Milli bank. It’s 5.25% interest.

Thanks Brian! Appreciate the time you took to make the video. Subscribed

Good stuff. Subscribed

I'm in the New England area and I need a bank. I think I'm going to open an account at DCU for daily use and put any excess savings in Capital One CDs. After I get my interest payments I can always move my excess savings where I get the most for my money. Worse case scenario, I can just put the money in a Fidelity brokerage account and invest in fixed income options with similar yields so I don't have to keep moving money around. Thanks for the video!

Thanks for the insights. The problem is that taxes consume most of the interest paid every year. How do I resolve this?

Tried to create a Primis savings account but on step 3 of 4, where you link and fund your account, it's stuck in a loop and doesn't actually select the source account. Is anyone else experiencing this?

So for primis safe to say 1. No fees monthly or yearly 2. No minimum to keep open besides the initial $1 3. What about how much you can keep or FDIC insured up to? Could not find that on their site

Again, your videos have clarified so much for me! Thanks so much for all of the helpful information! Quick question - do you know if Primis covers all ATM fees INCLUDING fees from international ATMs?

I would forget about all of the ones you mentioned (too many restrictions), up until USB Bank, which paid 4.55%. I like the Primis checking interest rate, which is equivalent to their online rate of 4.35%. However, with the rates being equivalent, there’s no reason to have an online savings account. Just keep everything in your checking account. One that you missed though, was Brio Online Savings, which pays 4.402% and has no minimum balance requirements, no direct deposit requirement, and is FDIC insured. It’s a division of Webster bank. I’ve been using Brio for a couple of years now. I used to have Ally Bank online savings account, and several other online savings banks over the years, and what many of these companies do, is have a higher interest rate for a while, get a bunch of customers and then cut their rate back substantially. That’s what Ally did, so I withdrew my money in placed it elsewhere. Brio has not done that. All this being said, your best bet for a high return and a tax advantaged one as well, is to invest money you don’t need immediately in a Treasury Bill. They’re easy to buy through your broker, and most of them pay a higher interest rate than 4.55%. For example, I have a 17 week T-Bill ladder, where I purchase one each month and the latest one I purchased had an estimated return of 5.16%. The Fed just increased interest rates, so that rate will likely go up the next time I buy one. They are state and local income tax free, so that drives your after tax return up even higher. They are also zero coupon and much safer than having your money in a bank. I started buying them in November 2022 and now keep much less in my online savings bank. I keep one month of expenses my regular checking account. Lastly, Fidelity has some money market funds that pay decent returns now. Their FZDXX money market fund pays 4.88%, but you have to open the fund with $100,000. After that, you don’t have to maintain $100,000. Your balance can be much less than that and get the high rate. Cheers!

Hi Brian, your video is very helpful. I’m planning to open a HYSA with American Express. I am aware that they will send a tax form called 1099 IMT if you earn more than $10 interest. Do they withhold taxes for us?

Great video, you are the best!

Me sitting here in, Maryland, at the end of the video like “ain’t no way, this is amazing, no way it could get better than this”… “And if you happen to like in Virginia or Maryland…” 🤯 do you still like Primis?

Best video and best link I cant thank you enough!!!

What do you think about Varo Bank?

Don't see Upgrade in your tool. They seem to be pretty decent.

PNC banks checking account has a Growth section pays 3.93%

If a borrower, a bank, pays a high rate, might that not indicate that it has an ugent need for cash? Isn't that a possible warning? Of course, it could have a great financing prospect and needs deposits for increased reserve requirements so that it can participate. Which is it?

Sir .DID you hear anything About citi bank night be bankruptcy? If so. Does Fdic insurance cover each account ? I have 2 cd with citi bạnk, i am worry....my saving FOR a HOUSE...

What's your thoughts on credit karma? They have high yield 4.0 right now

With the banking turmoil going on now, do you check Moody's ratings for your bank recommendations?

Sure glad to see SVB isn't on your list! 😀

I'm 35 years old was wondering would having a high yield bank account be good for saving up for retirement!?

Commenting this before finishing video, do any of these accounts require direct deposits? A lot of my money comes infrequently in large sums. A lot of accounts you only qualify for interest if you get direct deposits every 30 days. I can’t do that but I still want to put money in the savings account and qualify for the high apy%

Awesome upload. This has been something I’ve been seeking info on as of late and this video was very helpful. PayPal is offering 4.0% in their saving as of now, BUT I’ve been told it’s not very safe? So I’m thinking of moving what money I have in. This video was very helpful. Thank you, sir.

Why would anyone care about a 6.1% with a $1000.00 cap? C'mon man!

How about capital ones 360 savings? Can’t believe I just found out about hya 😭

What counts as direct deposit? Wealthfront Cash sounds like you said it does not have FDIC coverage and sounds like you said it has coverage. I'm confused.

great video ,, is there any table that shows average CD rate over last 20 years in USA ?

Have you ever reviewed saving accounts and hecking accounts at like credit karma or robinhood? I am thinking about them.

SOFI has 4% interest on Savings, no fees and 2 million deposit insurance for free as of March 2023

What do you think of Western Alliance Bank’s high yield account? It looks like it’s rate is 5.2%. It seems wild.

I went with synchrony

Do any of this banks have a phisiclal bank? I am afraid of this online only banks

Can I make bill payments or write checks to pay bills with a savings account?

I'm trying to start my investing journey early...being 19 and just have a $18/h job would it even be worth investing in a cd only being able to put a 1000 in

I would check CFG bank high yield savings accounts

What do you guys think about discover?

What about Capital One? Is it any good?

I have DCU account and SoFi.

So when addressing Digital Federal Credit Union's requirements, you say, "their website lists all the employers and organizations that are allowed to join." So is being either one of those a specific requirement of its own?

Brian, what do you think of CIT bank? Will you review CIT BANK OR Vio Bank for savings/money market accounts?

What do you think about capital one checking/savings?

Make sure you read reviews of banks before opening an account. Primis bank reviews are pretty scathing!

What about bask bank? i just want a high yeilding acc to throw money into instead of keeping it in my wells fargo savings.

What would u recommend for me. I have 110,000 in capital one 3.4%360 account right now. I don’t need the money for 1-2 years. Trying to save down payment for a house

how can an someone living outside the US but visits from time to time open one of these online bank HYSAs without a SSN?

can someone from the Philippines open an offshore account with this banks that you mentioned?

Amex offer 3.75 high yield saving account

I bank at Primis and love them. BTW, it's pronounced PRIM-US not PRIME-US

Do you have any reviews for Porte

UFB direct is now 5,25 my question is do I trust the bank

Add M1 Finance High Yield Savings. 5.00% APY

Can i withdraw my money as they change interest rates?

So primas over Sofi?

How about citizen access ..4.25%..??

Is primus bank really a good/safe bank to use? Is it OK to use a bank with only a B rating?

Please can you make videos on high yield savings banks that money can be transferred to beneficiary when the person dies?

How’s PNC?

When I can find a bank account that pays me a rate better than the inflation rate I will consider it. In the meanwhile I'm buying gold..

SOFI is the best!

Be careful with DCU, it's really hard to withdraw the money.

how about CIT Bank ,, why i don't see many online banks being compare to them . ?

UFB has the worse customer EVER! Avoid at all cost.

Duhhhhh, inflation 14%, guaranteed loss.

must you make those ANNOYING NOISES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Couldn't find the Free Bank Rate Tracking Tool on Google Sheets that you showed. PLease help. Thank you,

I’m not seeing a lot of videos on VIO. It appears they have the highest APY at 5.02% without fees

Brain you must be a retired used car salesman or an RV salesman.