Switch Your Checking Account to Ally Bank and Get $200

I've written previously about why I think most folks need to look at their checking and savings accounts at their existing bank/credit union. For most people I talk with this about, it's a fairly easy sell to get them to switch their savings account to a high-yield savings account at some place like Ally (currently … Continue reading Switch Your Checking Account to Ally Bank and Get $200 →

Fidelity: One Account to Rule Them All (including checking and savings)?

Update 6-25-24: I originally posted this in August of 2023. At that time, the Cash Management Account (CMA) at Fidelity only allowed you to put your "core position" in an FDIC-insured bank account that was paying around 2.7%. Since Fidelity's brokerage account's core position was a Money Market paying around 4.9%, that was my recommendation. … Continue reading Fidelity: One Account to Rule Them All (including checking and savings)? →