Post #3130002
2026-06-05 22:23 UTC
Honestly, if I ever have that much in my checking account, then I won’t have that much in my checking account, because I would move at least 10k into savings or something with higher-yield and less liquidity.
Replies (1)
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@Trainguyrom@reddthat.com 2026-06-06 00:21
There are Money Market and similar accounts which act like checking accounts but have interest rates like high yield savings accounts. They typically have a minimum balance of like $5k or more so if you have a large sum of money flowing through the account each month you can still get the yields but an unexpected pileup of bills out of order doesn’t cause declined transactions