I want to start saving money for the long run since I'm still in college and finally have a stable part-time job, so after many research, I narrowed down to Discover Savings Account and Capital One 360 Savings Account. I am just asking if any of you guys have experiences using either accounts and what's your review so far? How is the user experience for either account?
My goal is to have a high APY savings account, with not so difficult access to my money in case of an emergency. I can wait for 3-5 days to receive my money from my savings account, but I really do not want to wait longer than that to access my money. I have been reading many reviews on Capital One 360, with most of them are positive reviews, however, those reviews are from 1-2 years ago, and I also came across some number of negative reviews on Capital One 360 about their redesigned website and user interface. I also read some alarming reviews about Capital One loosing your money and transfer your money to the wrong account. I have no idea about the credibility of those reviews, but they are serious enough that I am hesitant to sign up with them.
As for Discover Savings Account, I have only read positive reviews so far, there were no negative reviews that stick to my mind. My only problem with them is the continuing decreasing APY. Discover's APY decreases so frequently, last week when I checked, their APY was 1.90% and now it went down to 1.85%. Back in late August when I checked their APY was 2.01%. I know APY also correlated to the economy as well, but I want to be with a bank that changes the APY less frequently.
Submitted October 18, 2019 at 10:43PM by Megara_PearlBleu https://ift.tt/2BqPbAe
