Dollar Savings Direct

[gavinmccallister]

I just opened a account today, I had one with Emigrant Direct years ago when they had good rates. This account is 1.80% and I am thinking rates will go higher don't want to lock into a CD just yet any other suggestions?

[kork13]

1.8% is definitely competitive right now. I'm not personally familiar with DSD (or Emigrant, for that matter), but if you're happy with them, great.

As for other options, there appears to be a number of banks offering savings account rates as high as 2%. Again, I can't speak to how it is working with them... Of course, CDs, I-Bonds, and other options exist which will offer a bit higher returns, but as you mentioned, you lose some liquidity with those products.

[bjl584]

1.8% is probably about as good as you will find right now if you still want to keep your money liquid.

[Nutria]

Any suggestions for what?