If you qualify for AARP membership (age 50 or more), then they have pretty good savings yields through their banks in today's low yield environment.
High Yield Savings Account is offering 4.5% APY with a minimum balance of just $1. Jumbo Secure Money Market Account is offering 4.75% APY for balances greater than $50,000.
2 comments:
You don't have to be 50+ to take advantage of the offer - I just opened an account with an Associate Membership from AARP!!
I am a bit hesitant to recommend this route mainly because the Associate membership does not confer full AARP benefits. But if it works, use it!
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