Best high yield savings accounts right now. Check out Yotta Savings: 🍀 New users can use our exclusive code “LUCKY” to get 125 free tickets (one-time, not recurring) with any deposit. Email says 100, but 125 is hard coded in the back end. Check app to see tickets.
[ Yotta Review + Calculator ]
More information on prize-linked savings and Yotta on Mandy Roams:
💰 Get 4 Free Stocks on WeBull when you deposit $100:
Banks Mentioned:
- Devon Bank Kasasa Rewards Checking:
- Presidential Bank Advantage Checking:
- Porte Bank:
- Yotta Savings:
- Affirm Savings:
Important note: APY rates can change at any time, be sure to check the rates on each site before applying.
Timeline
0:00 Start Here
0:59 3.5% Bank
1:49 3% Bank
3:26 2.25% Bank
4:02 Prize Linked Savings
6:50 1% Bank
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45 comments
I get 2.8% on savings account on Varo with some work
Hi sebby did you take a look at hmbradley ?
Sebby please look in the mirror & take a picture. Your hair is perfect.
Let's see these rates after we print a few trillion more in stimulus money!!!
Thanks for this. I would like to see a crypto vid in the future tho.
Btw, still lovin the Yotta account.
When you mentioned you could do a direct deposit from your own brokerage such as Schwab, could I do the same with Robinhood?
Hey Seb, thoughts on Chime? Also looks like 1% although I didnt check if there were any hoops associated with it. We switched to Marcus right before they started doing the bonus…and then they added insult to injury by lowering the rates. Now down to .5%
Yotta can be a nightmare for tax return, especially if you are just holding a working visa in the US.
I’m glad Sebby doing all the research I need to do! Haha
Just checked out Affirm. Think I'll move some money over.
Alliant keeps fvkn me over
GLCU 2.5% up to 10k Nothing else required and no relationship needed for the credit union
I like Yotta for the fun. But I am getting nowhere near 1.6% in prize winnings. I think your numbers are biased due to an irregularly high number of tickets from referrals.
I think you can also mention Tmobile checking account. There aren't much requirements except that you need to do one transaction of $200 to activate the 4% for the first 3k and thereafter 1%. Most importantly if you have a family of four on tmobile you can open four accounts and get 4% on 12k in cumulative deposits. Look forward to that mention. Thanks sebastian.
Aye Sebby changing it up with a sweater 😂
Tmobile Money for the win. Player 2 and I get 3k apiece @4%. Baller
Can you do 12x Amazon top up for that 3.5%?
Consumers credit union is good too. You can get up to 4.09% on the first 10,000 in checking. It requires a little work though.
If a direct deposit requirement says it requires "Payroll, employer, etc" and not a one time Peer to Peer ACH
Would a charles schwab brokerage transfer qualify?
Referncing current So-Fi Money signup, as a 1099 Worker can't find a way to get the bonus $75
It seems like you might as well use just Yotta bank. The other banks mentioned have weird requirements and restrictions.
Great video Seb! I think you may have peeked some people's interest when you mentioned investing in weekly call and put options as a higher yielding alternative. Any thoughts on a video with some actual, or paper trading, data to show yielded returns? Thanks.
I use ECCU for 3% up to 10k
(Must be affiliated with church or family member who is, 12 debit)
HMBradley for 3% up to 100k
(Save 20% of all deposits, must have REAL DD).
You really can't beat PORTE as of Nov 2020 imho.
I'm making 5% a day in Ethereum. (Which probably means crypto is about to tank again).
Would love for a Porte review Sebby!
I've earned more with $15k in Yotta over the last 30 days than I have with $25k in a Marcus no-penalty CD in the last 4 months.
Sebby, you are right when it comes to crypto! Not your keys, not your money but you can say the same about the banks too! Your money in a bank can be frozen or the Fed can deprecate the value of the dollar! The new risk today is not taking a risk at all. Bonds, treasury bills and saving accounts are the new risk. I have very little cash in my (fiat) bank account. It's there only to pay bills. Fiat only bank accounts are a freaking joke. 3%?! Most banks saving accounts interest rates are under .5%. No thanks… Dollar is going to crash soon so why trust your cash (fiat) in a bank. I trust crypto. That's a risk I am comfortable with. I can get 10% easy by leaving it on an exchange and letting it earn compounded interest. Easy to set up but over all very happy with the return. Cash is trash! Crypto is here. The traditional banking systems are going to go through major changes… Blockchain!
I have a question, yotta says only for USA at the moment does it includes its territories or just the main 50 states?
Churning your transfer
7 debt transaction.
Put your subscription service in that account
Tested Yotta for 5 weeks now, and it’s great!
Surprised One Financial wasn't on here, 1% no work account and 3% with no work other than direct deposit, plus it has round up on the debit for the 3% too. Really awesome bank so far!
Glad you randomly mentioned OCCU at the start! Dropping $2500 in there today!
Open Bank account offshore like GEORGIA! 8% -12 %!!!
Are these accounts earn a monthly interest or is it set to an one-time annual? I have Barclays that pays my account a monthly interest & I like them so far. Looking at other options once it hits the FDIC Insured amount.
It sucks that you have to put work into these accounts. I want a savings account, not a checking account. Thats pretty much what these banks are requiring. Like a set number of card transactions per month? C'mon. The way I treat my savings accounts are set it & forget it. The sooner I forget about that money, the sooner I save. Thats why I dislike having a savings account with my main bank. Because every time I log on and I will see my savings account and think "Oh I could go out to eat or go buy something". I just like having a savings account I do not see every day. I will log onto my savings account only how ever many times I get a paycheck every month. Besides that I forget about it. Ok that's my rant 🙂
Yall forgot chime and varo
I've been averaging about, $10 a week with Yotta Savings
Just realized I have quite a bit less Yotta tickets this week. They changed the rules so it's 1 ticket per $25 up to $25,000 and then 1 ticket per $150 above 25k. Sneaky. I checked my email linked to my account and saw no notification of this. I understand that interest rates change but at least with a formal bank they're required (I think) to give notice of these changes. Between changes in the ticket distribution, increasing the amount of balls, and reducing the monetary prizes it will be hard to keep up with Yotta.
For the Kasasa bank, does credit card transactions count as monthly purchase?
¢ eat
Took advantage of the Yotta code and am generally happy with it. Biggest challenge is that it took nearly three weeks after my initial deposit to get money back out of the account. Initial deposit December 31 and finally got access to those funds on January 17. Based on this experience, I would say that this is NOT a good account if you want immediate access to your savings, but might be a good medium-term safe way of parking an emergency fund.
I've been curious about Porte for a while, but from some of the reviews I've read, people mention one of the biggest drawbacks is the fact that you can't transfer money out. That the only way to even use the money in your account is to use it through the debit card. Is that true? I tried contacting their customer service to ask about it, but it seems their only contact (phone number provided on website) is really to cater to customers only, not potential customers. That was a huge turn-off for me, so I completely wrote off that bank. Anyway, I'm still wondering if they allow transfers out of the Porte account and into external checking/savings accounts. Any info would be helpful!
Hi, I clicked the link for the first one, but apparently Kasasa products are only for residents of Illinois, am I missing something?