Apple Card APY Down to 3.9%

[TonyC28]

I just got the notification that APY dropped again, now down to 3.9%. On the bright side, Bitcoin is shooting over $100k right now. I know this doesn’t make logical sense, but dropping under 4.0% was a magic number for me. Time to go elsewhere.

 

[Prof.]

Just got my notification as well. Ugh.

 

[ogremoustro]

Moving elsewhere as well. Probably Fidelity's Cash Management account with FDLXX as my core position.

 

[TonyC28]

Moving elsewhere as well. Probably Fidelity's Cash Management account with FDLXX as my core position.

FTEC is my go-to for the moment. As long as you don’t mind keeping an eye on it, the less-risky ETFs are a good place right now.

 

[Velin]

FTEC is my go-to for the moment. As long as you don’t mind keeping an eye on it, the less-risky ETFs are a good place right now.

A tech-heavy ETF is in no way comparable to a savings account.

 

[TonyC28]

A tech-heavy ETF is in no way comparable to a savings account.

Correct.

 

[GooseInTheCaboose]

Get a Money Market account.

Their rates are falling but not quite as "low"

(Compared to even just a few years ago the Apple GS account rates are still good, but I personally prefer the balance of low risk/slightly higher returns with a Money Market)

As others have said, there's no other option better than a MM besides a total market ETF perhaps, but that's a big notch up in terms of risk