Interested to know if anyone out there is using any savings account apps to save money.
I personally have been using GRAND for a while now. They charge $2 a month but as long as you save money, every week they have a drawing and every week I have won $1.
They pay a 1% interest rate.
It has been a great way to save money without really noticing it is not in my checking anymore.
I have also used Aspiration which pays a decent amount and am trying out the Empower app.
Anyone else know of any savings apps?
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I have been using The Ally banking/savings app for a few months and have been quite happy. I have a checking and a savings account. The savings account currently earns 2.2% and has gone up twice since opening the account. I use the checking account to save for known upcoming expenses and the savings I am using for emergency fund. Also, there are no fees.
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Hi, I just did some research for a friend who has a kid and was looking at some options.
This one is interesting, there is a waiting list. but its the biggest APY ive seen yet. IntrX app - 2.91% APY
TAB Bank
2.40% APY
$1 minimum
Online and Mobile banking
Synchrony Bank
2.20 APY
No minimum
Online and Mobile banking
My Savings Direct
2.40% APY
No minimum
Online and Mobile banking
Restrictions on how deposits are made
Ally
2.20 APY
No minimum
Online and Mobile banking
Vio Bank
2.39 APY
No minimum
Online and Mobile banking
Marcus
2.25 APY
$1 minimum
Online and Mobile banking
Discover
2.10% APY
$1 minimum
Online and Mobile banking
CIT
2.45% APY
$100 minimum
$100/Month deposit
Online and Mobile banking
DCU
6.17% APY
Only on the first $1000
No minimum
Hope this helps
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OMG I JUST FOUND THIS!!
https://www.t-mobilemoney.com/en/home.html
4.00% APY under $3000 and the following requirments
- Have tmobile wireless account
- deposit $200/month
- sign up for tmobile perks
Now with these stipulations you can max. your money. See the secenarios below.
T-Mobile Money states you will make 4.00 APY if you have the fall in line within the 3 listing eligibities above. If you go over the $3,000. this means that the $3,000 will make anywhere between 2.79-4% APY and anything after the $3,000 will only make 1% APY.
So you put $2700 in the account, set up $200 deposits per month (which will bring it up to $2900, for the 4% APY). then you can set up a $200 withdrawal every month. this will keep it under the $3,000 threshold guanretee you the 4%.
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