My daughter had an ING account before she was born. Her college fund has been in her now Capital One 360 sincethey converted in 2012. She's now a senior in high school. They have terrific customer service.
I have used them for years too. I like being able to have multiple savings and use like envelope system. Their interest rate is good (not best rate for me but still very good)
I love them. I have several savings accounts dedicated to my month ahead and big sinking funds, like car, travel, pet, christmas/family. I also have my 5 year CD ladders.there and just started monthly CDs there too.
Thank you so much for all the information you provided. The only question I have, is there specific time for saving money to be in the account before earning the interest? Like if you put $1000, can Start earning interest and if I need the money a month later, I can withdraw? Or it has to stay in the account for certain period?
You can start earning interest on your first dollar! Interest is only paid monthly so if you withdraw it early you would earn the interest for how long it was in the account but not the full month's amount.
Quick question out of curiosity, do those separate savings accounts have their own individual account numbers or do you have to deposit/transfer money into the main checking account then distribute the different amounts into the different/separate savings accounts??🙈
They are individual accounts so they have their own numbers! It's nice because it's real accounts unlike some places that do sub accounts that are really just within the one account.
Depends on your needs. I probably would since it’s an actual bank and Wealthfront is fintech so it’s not actually a bank itself and operating with a partner bank.
I'm 55 and earn about $450k annually, only save 30% in HYSA's. I've been reading a lot of articles mentioning how worthless 'cash savings' are in this current unstable economy, thus my question - real estate, stocks or gold, which will be a better investment as of now?
I love capital one 360 checking and savings.
My daughter had an ING account before she was born. Her college fund has been in her now Capital One 360 sincethey converted in 2012. She's now a senior in high school. They have terrific customer service.
Love my 360 saving account! ❤
I have used them for years too. I like being able to have multiple savings and use like envelope system. Their interest rate is good (not best rate for me but still very good)
Thank you for sharing. I have both with Capital One 360 😊❤😊
Very nice!
I like capital one 360 opened one for my teen and just changed to th HYSA after the regular account grew.
Helps teens save money...I think😊
That's great! Good job teaching saving early!
I love them. I have several savings accounts dedicated to my month ahead and big sinking funds, like car, travel, pet, christmas/family. I also have my 5 year CD ladders.there and just started monthly CDs there too.
Love it!
I like the convience of this bank.
It’s been very convenient for us!
I used to have ING Direct, that was so long ago
It really was!!
Hey Mary would you recommend having 2 separate HYSA accounts
Depends on your goals! I like having separate accounts personally but doesn’t work for everyone.
Thank you so much for all the information you provided.
The only question I have, is there specific time for saving money to be in the account before earning the interest? Like if you put $1000, can Start earning interest and if I need the money a month later, I can withdraw? Or it has to stay in the account for certain period?
I have their HYSA and it earns interest monthly.
@@marcosylviat2832thank you for replying. Appreciate it.
You can start earning interest on your first dollar! Interest is only paid monthly so if you withdraw it early you would earn the interest for how long it was in the account but not the full month's amount.
@@PenniesNotPerfection i really appreciate it. Thank you so much for taking the time to reply.
Can you go to a branch and withdraw cash on those higher 4.25 percent rate accounts.
Sure it’s a savings account so it operates like any savings account where you can take money out.
Do I have to have direct deposit setup to qualify for the hight rates and no fees?
Nope. You get the current rate no matter what and if you refer people you get a .5% boost for 3 months. No direct deposit required and no fees.
Quick question out of curiosity, do those separate savings accounts have their own individual account numbers or do you have to deposit/transfer money into the main checking account then distribute the different amounts into the different/separate savings accounts??🙈
They all have different, individual account numbers. I have 7 different accounts with them and each has its own number.
@@ResonatedReadings thanks! That's actually so cool.. easy to transfer from other accounts if necessary 😃
They are individual accounts so they have their own numbers! It's nice because it's real accounts unlike some places that do sub accounts that are really just within the one account.
Would you reccommend it over Wealthfront?
Depends on your needs. I probably would since it’s an actual bank and Wealthfront is fintech so it’s not actually a bank itself and operating with a partner bank.
I'm 55 and earn about $450k annually, only save 30% in HYSA's. I've been reading a lot of articles mentioning how worthless 'cash savings' are in this current unstable economy, thus my question - real estate, stocks or gold, which will be a better investment as of now?
Do you still use Wealthfront?
Yep!
I use multiple accounts.