DO YOU BANK AT ALLY ??

bobert456 | Jun 10, 2022 | 187 posts since 2022

I'm a yield chaser. That's one of the reasons this site is my GOTO for changes in rates. Thank you KEN.

I use ALLY bank as a HUB I have a fair amount of funds waiting on the next rate increase to add to CD/Treasury ladders.

Point of this email is that i have both a checking and savings account. USUALLY did not matter which had a larger balance. They usually have paid about the same interest.

NOW ALLY is changing the savings from .0075 to .0090. Not that big of deal. BUT, the checking is still at .0025.

Depending on your balances, that can add up. In these changing times, even these small changes can add up. Money Management can be a rewarding part time job. So watch your accounts.

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