Any downside to the new Personal Capital cash account?

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Jun 12, 2019
8:43:26am

LaserCoug All-American

Any downside to the new Personal Capital cash account?

2.35% with FDIC Insurance up to 1.25 million. It's better than my Ally account right now.

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LaserCoug

Previous username: (Private)
Bio page: LaserCoug
Joined: Dec 5, 2006
Last login: Apr 26, 2024
Total posts: 27,645 (9,878 FO)

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Messages

Author

Time

Any downside to the new Personal Capital cash account?

LaserCoug

6/12/19 8:43am

I am curious how they offer fdic insurance up to 1.25

cougarfann888

6/12/19 8:47am

It's aggregated coverage. The only way I see that happening is that they

LaserCoug

6/12/19 8:49am

Right, which is what CDARS does through the prom network.

Veracruz

6/12/19 8:54am

A few years ago a personal capital recruiter reached out to me. They told me

RdF3

6/12/19 8:50am

They’re likely pushing it through the promontory network.

Veracruz

6/12/19 8:53am

Wealthfront is offering 2.51% with $1m FDIC

inertiaman

6/12/19 8:54am

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