Originally Posted by
bbriscoe34
I know I only get .75% on savings, but its something - if I keep an average balance of $5000 in loads floating, that should give me an extra $3-4 per month, which covers the fee on one simon GC.
Anyone else doing this and are there risks I should be concerned about?
I tend to have a few grand lying around in various accounts due to float, and tend to try to leave it in interest bearing accounts if at all possible.
Last month I got one or two bucks in interest.
I don't think it's really worth doing just for the interest, but it is free money if you can work it into your other MS requirements.