Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

2,292
Posts
1,674
Votes
Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,674
Votes |
2,292
Posts

High Yield Savings Account

Lien Vuong
  • Real Estate Agent
  • Boston, MA
Posted

I often get this question from clients who are saving for their down payment and other reserve accounts while they’re looking for the property.

What do I do with the money in the meantime? 

Apart from putting it in a regular savings account (now getting .025-.050%) or a bond, there hasn’t been many secure options. I just discovered T-Mobile Money which is offering 4% for the first $3000 and 1% for the remaining balance! 

https://www.t-mobilemoney.com/...

That’s the link for your reference! Happy investing y’all! 

business profile image
The Elle Group
5.0 stars
150 Reviews

Loading replies...