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Best High Yield Savings?
Anyone know of a bank that has the best high yield savings account right now? My retired in-laws are needing to transfer their non-investment money (up to 6 figures) to a savings account and want the best rate available. We are trying to find a bank that doesn't seem questionable, lots of no name online banks out there and while I know it's insured they still don't want it possibly getting tied up.
My wife and I use M1 and are currently getting 5% even (down from 5.6%). Their transfer speed is excellent but they do charge a yearly fee and are online only.
AMEX is currently 4.35 and charge no fees, however they currently don't have any lines with them. I love their card but not sure how their banking is.
Credit unions are currently offering horrible rates from what I see.
Thanks for any ideas!
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