First time poster!
Hey everyone! I'm currently with a local brick and mortar bank, and I'm considering going digital. I have narrowed down my options to Capital One 360 Checking and an Ally Savings account. The Capital One 360 Checking was an easy choice since both my credit cards are with them, and their app is awesome!
However, I'm purely choosing to use Ally Savings because of their high yield. I won't be using the bank for any loans, but just to store away some cash for an emergency budget. For those of you who may use both, what are you experiences regarding transferring between banks? Are there any fees associated from going to Capital One 360 -> Ally Savings?
I'm also considering just keeping everything to one app, and opening a 360 Savings account; however, I do not like their flat yield offerings of 1.00%. We may be talking pennies on the dollar here, but I believe 1.85% is definitely better over time for an emergency budget.
tldr: Should I go with Ally Savings + Capital One 360 Checking, and, if so, are there any difficulties / fees I should be aware of? Optionally, should I just stay with one company, and open a Capital One 360 Savings (since I already have two credit cards opened with them)?
Submitted September 16, 2018 at 10:29AM by SlipperyStarfruit https://ift.tt/2MBaCld
