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Mar 26, 2020
4:42
:50
pm
SlantRoute
Original Gangster
How is Marcus’ Money Market account at 1.7% but Wealthfront is at 0.26%
And Betterment is at 0.30%
Aren’t they equally impacted by federal rate cuts?
Does it make sense to move cash from Wealthfront to Marcus? Or do rates kind of even out between companies?
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SlantRoute
Previous username
truecoug1
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SlantRoute
Joined
Jan 31, 2008
Last login
Feb 21, 2024
Total posts
18,188 (87 FO)
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Messages
Author
Time
How is Marcus’ Money Market account at 1.7% but Wealthfront is at 0.26%
SlantRoute
3/26/20 4:42pm
Money Market account isn't insured. Are WF and Betterment FDIC insured accounts?
grosven
3/26/20 4:43pm
Yes. They’re both insured. Marcus is FDIC insured as well.
SlantRoute
3/26/20 4:45pm
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