Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Your Cash And Emergency Fund Strategy?

Thursday, May 12, 2011 - 7:03 AM
My Money Blog author reviews where he keeps his cash reserves and emergency funds. It's a good overview of reward checking, Ally CDs, I Bonds and SmartyPig. He notes this issue with SmartyPig:
They still offer a competitive 1.35% APY, but I discovered that they don’t let you withdraw money when there are “pending” transfers for a few business days, and if you have a regular transfer something always seems to be pending. They are still good for savings goals, but not as much if you want to make regular withdrawals

Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634