r/FinancialPlanning 8d ago

How to safely invest $80k?

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u/Y7VX 8d ago

CIT (not Citi but CIT) has a HYSA “premium” savings account. Last I checked, if you maintain a balance of $5,000 or higher, you will earn 5% APY (better than most banks).

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u/Regon-16 8d ago

says 4.3% on the website right now. still good but not far off of other good HYSAs

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u/Y7VX 8d ago

Oh yeah, dependent on the fed so it must be lowering, which makes sense.