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Posted

So I'm sitting on a significant amount of cash that I will likely need to invest in my business in the next few months, so I don't want to invest it.  Looking for higher interest savings/money market accounts than my bank offers.  The best I've found so far is 2.30% at Morgan Stanley (where I already have accounts).  Anyone know of higher rates out there than that for savings?

Posted

By few months, I assume you mean 90-120 days?   So based am APR, don’t agonize over 25bps one way or the O

Posted
His office phone keeps forwarding me to Russell Erxleben.


Russell’s hard to reach, but judging from the historical record I’d call old Ove Johansson. He’ll will give you 69/67 = 1.029 % more than Erxleben.
Posted

Check out Ally. They have among the highest rates and they may also have some neat no penalty CDs for your situation. Customer service is great as well.

I’m not sure how much cash you’re talking about but remember the FDIC $250k limit per bank.

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