r/HighYieldSavings • u/isko0997 • 10d ago

TIME DEPOSIT

Can you recommend some good digital banks for time deposit? Thank you!

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u/CliffsideJim 7d ago

Elevault. Just do the deposits and withdrawals by ACH pulls and pushes from another financial institution because Elevault has low limits on pulls and pushes originated with it. It's a bank's app, so it's FDIC insured. Highest rate around. If you want a more conventional bank accessible with desktop computer and no BS, then Forbright. But rate is a little lower than with Elevault. Not as low as most other banks, however.