You know how big your emergency fund is, your current interest rate, and the interest rate you could get.
If you have $5000 in BOA (0.01% APY), switching to one of the listed HYSA (~5% APY) nets you ~$250 a year.
Is the convenience worth the opportunity cost? That's up to you to decide.
You know how big your emergency fund is, your current interest rate, and the interest rate you could get.
If you have $5000 in BOA (0.01% APY), switching to one of the listed HYSA (~5% APY) nets you ~$250 a year.
Is the convenience worth the opportunity cost? That's up to you to decide.