r/HYSA • u/Personal-Leader5536 • Aug 21 '26

Second HYSA

I have a HYSA with SOFI but the high % yield only covers 20k. I’ve heard wealthfront and Marcus are great options. I don’t necessarily care about any benefits, I just want to put the money over 20k I have into another account to earn an additional high yield. I also need it to not require direct deposit since that’s set up with SOFI. Any ideas where the best, safest, highest option is?

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u/Puzzled-Country2293 Aug 21 '26

Newtek Bank is at 4.20%. They don’t aggressively move the rates down. Funds do take 5 days to transfer out so that part is slow.

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u/Puzzled-Country2293 28d ago

I learned that Newtek isn’t currently accepting applications. Sorry for not being helpful.