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Personal Investments • Merrill Edge Information

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US Bank has a 4% cash back CC now if you park $100k.
And may be somewhat better than B of A for cash handling. With $100K total there, the savings account currently pays 3.8% (no matter how small the balance in the savings account itself is) and automatic bill payments can be pulled from it. There's also free overdraft protection via transfer from that savings account to checking. So sorta like Fidelity with about 0.5% :?: less yield (with normal bank accounts but a terrible brokerage).

https://www.usbank.com/dam/documents/pd ... oducts.pdf

There's some uncertainty regarding whether or not there's a $50 annual brokerage fee with $100K or if the waiver of that requires $250K. If it's all cash and you don't need immediate access to some of it, you can apparently buy GABXX there with no transaction fee, though their fund screener says otherwise.

long discussion here: viewtopic.php?t=438760

Statistics: Posted by jeffyscott — Wed Nov 27, 2024 8:07 am — Replies 14 — Views 1145



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