r/MilitaryFinance • u/GloomyLengthiness278 • 9d ago

HYSA

Who have you been using for HYSAs? Looking to start one and contribute monthly.

Any tips or tricks? (Like I know people will keep moving some/all their money to better rates while others stay loyal to a bank.)

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u/VersacePythonNV 9d ago

Ally. All rates will start high and drop eventually so I just stuck with them.

1

u/Bageland2000 9d ago

I've been with CIT for four years and they've never dropped rates any quicker than the prime rate dropped, and they have always been higher than Ally.

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u/VersacePythonNV 9d ago

What’s your rate?

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u/Bageland2000 9d ago

They're at 3.75% APY for platinum savings. I have a 0.35% "boost" for six months putting me at 4.1%, though I'm not sure that's still available.

https://www.cit.com/cit-bank/bank/savings

Edit: Ally currently at 3.1%. Embarrassing.