Posted on 05/04/2016 4:56:43 AM PDT by CGASMIA68
MaxMyInterest serves as a hub where you can view and manage all of your savings. The service starts by linking your existing checking and savings accounts. Next, to earn higher interest rates than those paid by brick-and-mortar banks (like Bank of America), they provide a common online application to open like-titled, FDIC-insured savings accounts at online institutions. Once you indicate a minimum balance you want to keep in your checking account, the service will optimize the excess.
Read the whole process at the article at the link
So they have all our savings/bank account numbers and freedom to move our $$? I try to minimize the number of people with access to financial account numbers in this day of fraud, id theft etc. Probably wouldn’t have the guts to try this.
Open up a chase savings account with 15K and you get a $200 signing bonus. Keep it the minimum required time and then open a Cap One savings account with the money and get their signing bonus. Rinse and repeat.
What’s the minimum time?
90 days for chase.
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