I like Charles Schwab, but not for money markets. It seems like they make their money on those to keep fees low in other places. There are FDIC 2.25% money market bank accounts around, and Vanguard also offers better MM funds. Also see https://forum.mrmoneymustache.com/investor-alley/where-should-you-put-your-short-term-investment-money-(0-2-years)/
Quote from: Radagast on October 25, 2018, 02:24:32 PMI like Charles Schwab, but not for money markets. It seems like they make their money on those to keep fees low in other places. There are FDIC 2.25% money market bank accounts around, and Vanguard also offers better MM funds. Also see https://forum.mrmoneymustache.com/investor-alley/where-should-you-put-your-short-term-investment-money-(0-2-years)/Schwab and Fidelity both have high ER's on their money market funds. Vanguard requires $50k for their treasury money market fund, but the ER is very low, 0.09 percent. VUSXX. They have a prime money market fund that has a slightly higher rate but invests in corporate money market paper. If you ladder out some short term treasuries, that should get you a decent return with no risk.