Where Should You Park Your Emergency Cash Now?

TL;DR: With savings account yields falling, the best banks are now offering around 1%. Chime is one of them.

I do think it’s always a good idea to have a small amount of cash (just in case!). But it’s always a pain to figure out where to store that cash, especially with most bank accounts offering such pitiful rates.

Previously, I’ve given options for a 3.5% APY account (with requirements to fulfill) and an interesting “lottery” style option that, for now, I think are relatively amazing options.

However, if you’d like just a plain and simple account that still gives some juice, try out Chime! Right now, it’s really hard to beat that if you’re looking just for a vanilla savings account.

Happy Chime’ing!

TheJKW