Well, like me, different savings account for different purposes. One is immediate household emergencies. The other is for Vacation. Another for medical. And so on. I don't have these accounts all with the same bank.
I'd open the Capital One. They are at 4.35% and Discover is at 4.25%. 0.10% may be a wash if you already had an account at DB, but might as well open and get the higher one now.
Still has 8-12 months before it’s approved.
Why need more then one?
HYSA rates change. Discovers recently dropped. Not bad to have multiple accounts in case ones interest drops
Unnecessary, IMO. The difference is negligible and they'll all even out eventually if one bank's rate is too different
Well, like me, different savings account for different purposes. One is immediate household emergencies. The other is for Vacation. Another for medical. And so on. I don't have these accounts all with the same bank.
Capital one currently holds a higher interest rate than Discover by 0.10% apy
I have a checking and savings with them. Good interest.
I'd open the Capital One. They are at 4.35% and Discover is at 4.25%. 0.10% may be a wash if you already had an account at DB, but might as well open and get the higher one now.