I have a lot of credit cards and savings accounts but want to mention my favorite of the bunch as well as an easy way to generate direct deposits, which is increasingly one of the criteria for harvesting sign up bonuses.
I’ve called my Chase (JPM) Visa (V) and my Platinum AmEx (AXP) my two best credit cards in the past but that is no longer correct. The best credit card is the Robinhood (HOOD) gold card. Get on the waiting list and sign up for their Gold service today. It is worth it and its not even a close call.
As far as federally insured savings, my best is Save’s Market+. You get a fixed 3% yield and a market-based variable yield on top. Heads you win / tails you tie. Stick in $5k to maximize their signup bonus. It is convoluted but can’t hurt (you’ll get your money back) and could help.
While I love harvesting sign up bonuses for brokerages and savings accounts, they increasingly require direct deposits, which can be annoying. My solution: Wise. They waive the fee for the first $600 transfer so you can use that to try it out. I use it to direct deposit into new accounts.