I have recently found out about Yotta Savings. It is an app with a good savings yield. The savings are FDIC insured. I will post a couple videos I watched on how it works and their reviews. I wanted to test it out before I mentioned it to everyone. I am two weeks in and I am getting a savings rate of 1.175%. That is better than the .6% that I am currently getting with Barclays online savings account. When you sign up make sure to use code TIMOTHY25 for an extra 100 tickets.
I deposited $10,000 two weeks ago. That gives me 400 tickets in the lottery. That is the limit when you first sign up to Yotta Savings. You can add more money after signing up. My winnings on $10,000 the first week were $2.05. That comes out to 1.066% a year. The second week my winnings were $2.60 (1.35% a year.). I will keep using this savings account until my rate drops to what I am getting with Barclays. Scroll to bottom to see video reviews I watched.
