Originally Posted by
robyng
FWIW - I use a Capital One InterestPlus Online Savings Account these days for cash. It pays about 1.2% (interest + bonus) now. No ACH fees (except for more than 6 transfers out per month). There is a dollar limit on ACH transfers. Think it's about $1 million/month (don't have to worry about the limit
). I have it linked up to every other account I have. Robyn
Thanks for the tip, looking for another one of these. I use Sallie Mae currently. (1.1% to 1.15% APY). BTW, at a quick glance I don't think the bonus regime at Capital One gets you to an effective yield of 1.2%, but it's all a rounding error anyway!