Re:The $42B Question: Why Aren’t Americans Ditching Big Banks?
by lotsofpulp on Thursday December 08, 2022 @03:09PM
(#33912625)
At Bank of America, you can get FDIC insured savings rates similar to high yield savings accounts via their preferred deposit savings account in Merrill Lynch.
The big catch is that you have to open it with $100k, but after you open it, you can reduce it to any amount you want and add back however much anytime.
Might be useful for those wanting to keep platinum honors status with BoA.
https://olui2.fs.ml.com/Publish/Content/application/pdf/GWMO...
The big catch is that you have to open it with $100k, but after you open it, you can reduce it to any amount you want and add back however much anytime.
Might be useful for those wanting to keep platinum honors status with BoA.