What’s wrong with your bank account? It’s cheating you! Your standard checking and savings accounts at Bank of America and Wells Fargo aren’t paying you more than a penny or two for every $100 while a high yield savings account HYSA at banks such as: SoFi, Ally, UFB Direct, Marcus by Goldman Sachs, Capital One, American Express, and more are paying dollars on those Benjamins. They’re paying you nearly $5 per hundred bucks for the same services and free accounts as the big banks that have been robbing Americans a hundred ways for decades. The HYSAs are basically the same thing but better for consumers. They don’t have branches but you can get debit cards and checking with some of them and SoFi even has cash deposit locations across the country as well as Zelle integrations, B of A, Capital One, and more. I can do automatic deposits into ETFs at fractional prices for no cost, and I can attend a multitude of free finance webinars every month. The app tracks my credit for free and helps me improve it. It’s by far my favorite with my Capital One a close second and that one is the same place as my credit cards. Their app is also simple and so easy to manage everything so that’s why I like them. Two second payments and lots of features that also tracks credit and rewards are key features important to me. Capital One also has cash deposit locations in places like Walgreens and CVS! (Not sponsored but I love them and use my referral links also which give you free money if interested!)

When you’re researching HYSAs, check out the deposit rules, account balance minimums, fees, transaction withdrawal costs if any, and the APR. They’re all pretty similar though so it’s just mostly choosing the right company for you and which you trust most. For me, the tools and integrations are the absolute most important and because those two apps let me automate and put my money to work without any effort in two clicks and without hassle, they won my vote. I don’t personally care about check writing abilities much and we do have a bit in our B of A account still for that; but we rarely write one anymore and it’s been years since it was our primary payment for bills. Because we love to travel, we also use our credit cards (paid in full almost every night) for every day expenses for the travel rewards because we love earning flights to Europe! There are cash back rewards too but debits are available just fine through SoFi and it’s easy to use as a typical bank account with checking and savings automatic with sign up. They’re free too.

If you’re interested in opening a SoFi account and want a referral bonus for signing up, click here

Hi! 👋 Join me to start earning more money with SoFi Checking and Savings. You’ll earn up to 4.60% APY and pay no account fees. Use my link to sign up and you’ll get a $25 bonus and up to $300 when you set up direct deposit. https://www.sofi.com/invite/money?gcp=96ed4ded-eeeb-4fd9-9910-5966702fff06&isAliasGcp=false.

For Capital One credit cards and rewards,click here

Hey! I love my Capital One SavorOne card and I think you will too! You could earn unlimited rewards on every purchase with a card that fits your lifestyle. I can get a bonus if you apply through my referral link: https://i.capitalone.com/Jruy7M3nV

and you can also email me at jenniferlarsonent@yahoo.com for more links on credit cards and new promotions.