Rental Property Investor · Effingham, IL · Member since 2021 · 46 posts · 22 votes
What online savings account is everyone using?
I have been using Marcus by Goldman Sachs for a couple of years now and have been happy with it, but have recently started to wonder if other online banks offer better rates. When I originally put my savings into Marcus, it offered the best APY rate at 0.5%. It has increased steadily over the past couple of years and is now at 3.90%.
I did a little bit of digging, and it looks like CiTBank has one of the best APY rates at 4.75%. I also saw that CFG Bank is offering 5.02% for their online money market account.