All Forum Posts by: Bruno Barros

@Marcus Lawson, considering it as well but just like you I have a feeling banks will jump their rates to compete. I bank with Alliant (Credit Union) and their rates pretty much match or beat Ally. Currently seeing 2 or 2.1% not sure. 

Did read that Robinhood immediately ran into some issues because apparently they made this announcement without letting the SPIC know and they're saying that the non brokerage accounts may not be insured. Lets see how things go. Regardless I would say it's good news.

Did you guys hear about robinhood? They're moving into the checking/savings account game and offering 3% annual returns on all accounts.

I read they're not FDIC insured though. (not yet at least) but are SIPC insured.

Interested in what you all think about this? Certainly excited to have someone coming in and at least making your traditional bank compete.

Wont be around so I'll miss this one but hope to go to the next one and meet everyone. To follow up on Andrew's travel hack I use Aspiration Summit's free checking account. Their debit card is free and they reimburse all ATM fees across the globe. They also don't charge you any foreign fees if you swipe with it. 

As an added bonus it's a 1% APY on their FREE checking account. I combine their ATM card with a no foreign fee visa card for maximizing my money when traveling.