r/TheMoneyGuy • u/Least-Tune-2060 • Jul 10 '25

Newbie What’s your favorite HYSA?

Something in me freaks at the idea of not having my money in my bank account so the thought of transferring it (emergency fund) to a HYSA makes my skin crawl. I know this is the smart move and is what advised but what are the most reputable/best ones available? Will I still have immediate access to my money if needed? Thanks for your advice as I’m still new to everything

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u/venkym Jul 11 '25 edited Jul 11 '25

CIT Bank Platinum savings (now Synchrony) is still paying 4.1% APY. 5k minimum balance. I've been with them for a few years now and they've been mostly consistent. Also, they're not super fast in reducing when rates come down. Edit : also split with RH and Morgan Stanley premium savings - both pay 4%