Ask Terry Questions Online Banking

Online Banking

By Terry Savage on February 21, 2024 | Chicken Money

Good morning~

My family business is looking into Online banking Savings and MMA with good returns.
I’ve been researching and looks like SoFi has good rates and good reviews.
What are your thoughts? We’re a bit conservative with where to put $$.
Thank you!!

Terry Says

For savings read this:

T-bills will tie up your money for at least 13 weeks, so you might also want a money market account with instant access. That is typically all done online.

And if your “family business” isn’t already managing its checking accounts online, where have you been for the past two decades??



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