Berkeley CSUA MOTD:Entry 20232
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2024/12/24 [General] UID:1000 Activity:popular
12/24   

2001/1/4-5 [Finance/Banking] UID:20232 Activity:high
1/3     PayPal yield is 5.2% which is better than my saving and checking.
        Is there any reason why I should not put some of my money in it?
        \_ Yeah, when they go out of business like every other <DEAD>dot.com<DEAD> your
           money will be locked up and you may never get it back!
           \_ or when someone gets your account info and steals all your
              money and paypal tells you tough luck.
        \_ My credit union pays 5.5% now
           \_ for what?  the only things my credit union pays that much for
              are CDs over 12 months and such.
           \_ for mm checking?  the only things my credit union pays that
              much for are CDs over 12 months and such.  mm checking is
              only at 3.1...  what's your credit union?
              \_ <DEAD>broccoli.caltech.edu/~cefcu<DEAD> --not original poster
              \_ What's "mm"? Mine has no penalty for w/draws. no ATM.
                 No minimum. Just a simple CU savings account. --orig responder
                 \_  mm stands for money market.
        \_ My Wells Fargo MMA, which I can xfer money into and out of w/out
           penalty and use at an ATM pays 5.86%
                \_ Wells started charging like $15/month on this account
                   though
                   \_ Only if you keep less than $5k in it.
                        \_ It's $10K now.  But, yeah, the rate is like
                           5.8% with check writing privs.
                           \_ Oh.  Didn't know they changed it.  Wasn't paying
                              anything.  Anyway, you need to compute the cost
                              of the mothly charge for being under the min.
                              vs. rates available elsewhere.
           \_ I just saw an ETrade ATM machine at an arcade near me.
                \_ Since playing the market is little different than space
                   invaders.  No matter how good you are they'll get you
                   eventually.
        \_ http://virtualbank.com has 6.25% on checking + free online bill pay +
            ATM reimbursements.
2024/12/24 [General] UID:1000 Activity:popular
12/24   

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2009/10/29-11/3 [Finance/CC, Finance/Investment] UID:53483 Activity:kinda low
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5/18    What's a good bank with decent interest rate for savings or MM?
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2009/4/9-13 [Finance/Banking] UID:52830 Activity:moderate
4/9     Wife and I have about $5000 combined savings. We're poor. What's a
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