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teakwood54 t1_jacyf7s wrote

3:. I use Ally. They currently offer 3.34% so that would be $800-$1600 depending on when you use it. Only downside is no physical location so you can't deposit cash.

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refugeplays OP t1_jacz0tx wrote

Thanks for the recommendation. Without the physical location, what deposit methods do they offer? Direct deposit? Transfers from other banks?

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teakwood54 t1_jad00ia wrote

I use it in combination with a regular checking account and transfer from there but I do think they allow direct deposit as well. They also have a "bucket" system so you can organize your money if you want to.

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lovemoonsaults t1_jad03au wrote

Direct deposit and ACH transfers between banks.

So to get it back to spend you forward it back to your physical bank. It only takes 1-3 days.

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