2 ай бұрын
Пікірлер
@chesterkuo3646 Күн бұрын
How do you transfer money in from other bank if there is no wires?
@alexisidro Күн бұрын
Regular bank transfer. You can transfer to external banks at no charge. Wires are typically charged.
@janetwillison7400 4 күн бұрын
I see on Sofi Web 4% and Wealthfront 4.25%
@alexisidro 3 күн бұрын
Yes, unfortunately they are all going down :( What are your savings goals?
@janetwillison7400 3 күн бұрын
@@alexisidro to get more than the .05% that I was getting. Any business saving recommendations.
@alexisidro 2 күн бұрын
For sure you'll now be getting much more than that! Very happy for you :). Yes, I am currently also working on more business reviews! What kind of business do you have?
@Gordon689 6 күн бұрын
Nice video coverage keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions, It is important for beginners in trading and investing to understand that success in these fields requires technical analysis, emotional maturity, and self-discipline. Thanks to steve michael steele insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead
@Gordon689 6 күн бұрын
He mostly interacts on Telegrams, using the user-name,
@Gordon689 6 күн бұрын
@ steve_894. he is verified
@TE5LA-GAMING 6 күн бұрын
SoFi sucks. I tried to open an account and had to talk to three different reps. Then, they wanted me to send copies of the front and back of my drivers license, so I made excellent scans in two formats on a flatbed scanner. Then, they tell me I have to freaking use my phone to take photos of the license and can't submit the perfect scans I took. And then, they also want me to take a selfie and send it, too. Why do they need a selfie when I'm sending my photo ID? Do they think I might be using someone else's license to make an account for myself so they can steal my money? What morons. I told SoFi where to stick it. No other online bank asks for all these things to open an account.
@alexisidro 2 күн бұрын
Sorry you had that experience! Sometimes banks are like that, hopefully you have a great experience in the one you ended up with!
@jeanettemccay 6 күн бұрын
sofi gives me 0.50% apy i dont have direct deposit. i mostly use capital one yet for subscriptions sofi is great
@alexisidro 2 күн бұрын
That's awesome! what are your savings goals in 2025?
@syedmohammadabdullah 7 күн бұрын
math major here. im taking 25 credits next semester, wish me luck
@alexisidro 3 күн бұрын
You got this!
@EntaMedia-u4l 8 күн бұрын
📌
@kaitlyndenee5696 8 күн бұрын
Can you explain the direct-deposit requirement to be eligible for the 4.0 APY? I have direct deposit set up with a local ban checking account, must I have to have my paycheck switched to direct deposit with Sofi checking to have the 4.0 APY? Or does it simply mean I have to set up direct deposit so I can transfer money manually to my Sofi HYSA and still earn the 4.0 APY?
@EstherLion91 10 күн бұрын
Great video! Thank you! Do you recommend opening more than one hysa if you have over two year emergency fund? Or just keep in one?
@alexisidro Күн бұрын
As long as everything is insured, personally, I wouldn't open multiple accounts, but it comes down to your situation. If you feel more comfortable "diversifying" your savings in different banks, sure, why not. By all means, do what is best for you. :0 What are your savings goals this upcoming year?
@cristianfalves 10 күн бұрын
I tried to withdraw money from my hysa from GS and they just put my account on hold so I can't access my funds, funny thing I already made deposit and withdraw to my WF bank. Worst experience ever and the customer support are horrible. They just said I have to wait for them to contatct me by mail asking for more information. I saw a lot of bad reviews of people who get account frozen out of nowhere I am getting really frustated! Any advices how to proceed?
@kekesupreme 11 күн бұрын
Please teach me how to invest 😂😂😂 I’m so confused on it.
@alexisidro 10 күн бұрын
Hello! Thank you. What would you like to learn? What questions specifically do you have?
@jeanettemccay 11 күн бұрын
i really like capital one. i like that i can have seperate savings goals. i use zelle with capital one too.
@alexisidro 10 күн бұрын
That's wonderful to hear! What are your top financial goals in 2025?
@jeanettemccay 9 күн бұрын
@@alexisidro saving for a vacation
@insanelyblissful 12 күн бұрын
Yes, SoFi user. And they open both checking and savings. I want to get into investing. Also just gave birth in October and would love guidance for setting up my daughter for financial success.
@alexisidro 10 күн бұрын
For sure! What specific questions do you have when it comes to investing or financial security in general?
@srscandalous 13 күн бұрын
Insane how the incentive was $500 and now it's $80... I was looking into getting this card but I don't know. I would get a carry on luggage for free tho... but $80 only? nah
@alexisidro 13 күн бұрын
Yes, $80 is a bit low :(
@SamMoffatt 14 күн бұрын
How is SoFi different to the recent situation with Synapse which did much the same sort of account shell game but people found out they weren’t FDIC insured directly because the institution opened accounts elsewhere.
@alexisidro 13 күн бұрын
Sofi is a bank so they’re fdic insured. That’s what the site shows. I think you’re referring to fintechs. Fintech’s aren’t fdic insured directly; they partner with banks who are.
@Blacksilver323 18 күн бұрын
4.0% now a day later lol.
@alexisidro 17 күн бұрын
Sadly yes, so quick
@swaqqahboii 20 күн бұрын
So I’ve been using sofi for a year now and sofi is good but not good with customers service at all if fraudulent activity happen u will not get credit or your money back. I’ve been dealing with this for 3 months and still haven’t receive my money back and they give me the run around all the time 😢. So I don’t recommend to anyone if someone take ur card and you report a claim. so overall this company is a 6 outta 10 bank. That my honest opinion
@alexisidro 20 күн бұрын
Sorry you're dealing with this, and thank you for sharing your experience. Hope it gets resolved soon. It must be very frustrating.
@swaqqahboii 20 күн бұрын
@ it’s over $2000
@atrisaac9565 20 күн бұрын
Sofi rates just dropped to 4.00%
@alexisidro 20 күн бұрын
1:1 Mentoring Sessions Available: alexisidro.com/Mentor 🏦 SoFi Checking & Savings (up to $325 Bonus): alexisidro.com/SoFi 🏦 Western Alliance HYSA (via Raisin): alexisidro.com/WesternAllianceHYSA 🏦 Marcus: alexisidro.com/Marcus
@victoriamalova1775 22 күн бұрын
So if I open an account for 5 ish years and then would like to purchase a house , there shouldn’t be an issue to transfer money from the account as along as there is amount of 5k left, correct? I think my fear is not able to have an access to the money when I need the most of it
@alexisidro 10 күн бұрын
I feel you. That's the way I read it as well!
@alexisidro 10 күн бұрын
Best of luck buying the house and saving for it! I'm with you.
@OffGridandOutdoors 23 күн бұрын
I've been a WF customer for at least 10 years. Never cared for their robo service, but I've had a cash account since they became available. But now for me, The risk to reward factor at WF has gotten to high. Why risk to get 4.5% when I can get 4.45% at Schwab in a money market fund (it's just as accessible & SPIC) , or 5.5% in a MYGA or CD if I want to tied it up for 3 months to multiple years.
@norbertodiaz5346 24 күн бұрын
Welthfront is insured by the FDIC and has multiple partner banks like: Morgan, Citi Bank and Wells Fargo.
@OffGridandOutdoors 23 күн бұрын
Wealthfront is not. The partner banks are.
@norbertodiaz5346 23 күн бұрын
@ The issue at stake here was; is Wealthfront safe? It was mentioned in this video that was not insured by the FDC and it is. And second, it was stated that it doesn’t work with partner banks and they do; Wells Fargo being one of them. I have an account with them and I can confirm. As a costumer of Wealthfront and a user of many other banks. I have only positive feedback. They have lowered their APY, but they still have one of the highest out there. Their system is easy to work with and transferring money is also very easy.
@norbertodiaz5346 23 күн бұрын
@ Is wealthfront safe? They’re insured by the FDIC and they do have partnerships with other banks. Wells Fargo is one of them. Im a costumer and I can confirm.
@dogsbecute 6 күн бұрын
@@norbertodiaz5346 wealthfront isnt insured by the FDIC. what this means is if wealthfront fails, your money is still dispersed within its partner banks. Its partner banks are FDIC insured, meaning if one of their partner banks failed that happened to have your money in a Wealthfront account with them, your money is safe.
@WisdomMastery 25 күн бұрын
I don’t think Wealthfront has a middle man. I could be wrong, but they seem to partner directly with their partnered banks.
@phototristan 6 күн бұрын
I guess one of the banks, GreenDot, is the middle man but mostly what you say is true.
@WisdomMastery 6 күн бұрын
@@phototristan GreenDot is a partner bank?
@MsLch2000 28 күн бұрын
What it the bank falls into recession? What happens to my money?
@alexisidro 28 күн бұрын
If the bank you choose is FDIC insured, you'll get your money back up to the insured amount ($250K per account, per owner). There are other details but I think that addresses your question. Does this help you?
@UshkaOfficial 29 күн бұрын
Great video! 👍🏽 Hey, do you know if your annual income changes and you update this on the lending club website? Will your monthly payments automatically decrease- go down?!
@alexisidro 28 күн бұрын
Not sure, I would call their customer service. My best educated guess is they don’t change it.
@itoroudoimeh 29 күн бұрын
Fantastic video
@alexisidro 29 күн бұрын
Thanks a lot, what did you find most helpful?!
@jasonsiu1441 29 күн бұрын
I thought that you only have to file for taxes if you make more than $12,950, I am currently a student without a job. I plan to put 10k in a HYSA still, would I still have to pay for taxes?
@alexisidro 29 күн бұрын
When it comes to earned interest, you have to file it if it’s above $10. The bank or financial organization will give you a 1099-INT form.
@jasonsiu1441 28 күн бұрын
@@alexisidro Thanks for the help. Where can I get the 1099 form? I was using credit karma before I switched to wealthfront
@alexisidro 28 күн бұрын
They’ll send it to you or make it available in the new year
@alexisidro Ай бұрын
Hey guys! Which of these two options is for you? Let me know below! Thank you for watching and hope this helps you make the best decision for you and your family :)
@alexisidro Ай бұрын
Book a 1:1 Video Call with Me. Get Personalized Recommendations: alexisidro.com/Consulting Download your FREE Guide to Passive Income with HYSAs: alexisidro.com/HYSAGuide
@CYBER_FunkER Ай бұрын
I saw that they lowered their APY again, it's made me want to take all my money out of it back to my bank, though I would like to put it somewhere to have it grow
@redscorpion9325 Ай бұрын
Same here,I noticed it few minutes ago and thats exactly how I feel,it went from 5% when I joined then dropped to 4.5% and now it’s 4.25% so at this point Wealthfront doesn’t seems interesting anymore,theres no Zelle either and its not a Bank so its more risk than reward
@Sexcmo78 Ай бұрын
@@redscorpion9325 The same goes for alot of these accounts very few of them offer Zelle anyway. but either way the rates are slowly dropping all the way across the board... so whomever you switch too if not effective today then next month but it will happen... the few HYSA accts that have zelle are,, Everbank,,, Etrade by Morgan Stanlet,, Ally,, Sofi...,, Schwab offers Zelle too but no HYSA unless you go Market Fund
@rdwilcox2 Ай бұрын
@@redscorpion9325What’s your bank’s interest rate?
@norbertodiaz5346 23 күн бұрын
@@CYBER_FunkER evey bank is lowering their APY. Wealthfront still one of the highest out there.
@Qqxx22 Ай бұрын
"No, Marcus by Goldman Sachs does not charge fees for sending or receiving wire transfers. However, the external bank you are sending the money to may charge a fee" Does marcus account charge to have money exit it? I found the above info on the google machine, by way of goldman sachs website. I saw in your video, which is quite nice, it was said that money leaving the account will be subject to a fee. Is that true in your experience? Thanks
@alexisidro 24 күн бұрын
I’ve never taken money out of my savings at an ATM. So never experienced it. But that’s pretty common. Sometimes the bank itself won’t charge you a fee, but the third party bank that is giving you the money on behalf of your bank WILL charge you a fee. That’s how they make their money. In some cases as well, your bank may reimburse you the fee that third party bank will charge you.
@thepotatoofheaven Ай бұрын
its now 4. 30 percent without the bundle
@alexisidro Ай бұрын
Oof. Yes, rates going down everywhere 💀 what are you saving for?
@thepotatoofheaven Ай бұрын
@alexisidro for alot of things, a road trip, house, retirement etc
@jeanettemccay Ай бұрын
I like capital one with keybank and sofi works fine for me i use capital one for my monthly subscriptions and its good too
@anmclark Ай бұрын
Not a bad bank. But, here is what I noticed. UFB was not paying the expected amount of interest to my HYSA, based on my calculations. What they paid was still good, don't get me wrong. I have a HYSA with a different bank, with the exact same balance and same interest rate as my account with UFB. The other bank paid more in interest. There are a few articles online that you can research about similar issues.
@starchaplin3882 Ай бұрын
Thank you for making this video. I had just gotten an offer in the mail for this card and wanted to make sure it wasn't another scam. This was very informative
@alexisidro Ай бұрын
For sure! Why did you feel that way when you saw the offer in the mail? Too good to be true?
@starchaplin3882 Ай бұрын
@alexisidro pretty much, it seems like everything is out to rip people off anymore
@axeontheradio Ай бұрын
hi! I’ve been stuck between choosing Wealthfront and Marcus by Goldman Sachs. I’m not sure who to pick and most of the reviews found on the internet are months old. Would love to get your insight
@alexisidro Ай бұрын
I have many videos on both! Check them out :) I have one comparing them both
@susangraf4742 Ай бұрын
Your information is much appreciated.
@alexisidro Ай бұрын
Thank you! What did you find most helpful? Would you also be interested in investing content for beginners? I’m making my content plan for the next year and your feedback will help me decide!
@iLibertyWoman Ай бұрын
I opened 360 Savings with them on Novemeber 06, 2024 and my deposit was not available to me until NOV 12. That's 7days and/or 5 business days! I'm worried now for future access to my money. I travel a lot and quick access to money may be an issue. I'm looking at other options right now. Sad.
@Gforu81 Ай бұрын
Ever bank
@alexisidro 29 күн бұрын
How do you like it?
@servewithpraise3502 Ай бұрын
HELPFUL! thanks for the info
@cubby091398 Ай бұрын
I am 44 and going back to school in the spring for computational mathematics which is pretty related to computer science. I am taking Introduction to Programming 4 credits, Linear Algebra 3 credits, Introduction to Meteorology 3, and Magic, Witchcraft, and Religion 3 credit hours. So i will have 13 credit hours.
@alexisidro 28 күн бұрын
That’s wonderful congratulations on the new journey and best of luck! One step at a time.
@colelaker4985 Ай бұрын
Very helpful, thank you!
@alexisidro Ай бұрын
Glad it was helpful!
@anmclark Ай бұрын
I have found that UFB Direct seems to pay less interest on the exact some amount of money as my other HYSA. Even though the interest rates are the same on both accounts.
@alexisidro Ай бұрын
Interesting…just making up numbers, what is the difference? Let’s say you have $1,000 deposited.
@leocorteza Ай бұрын
Pibank savings
@alexisidro Ай бұрын
Wow, they really do have high interest right now. How do you like them and how long have you been with them?
@leocorteza Ай бұрын
@alexisidro I have been with them for 1 month. But the user experience is not great.
@Gforu81 Ай бұрын
@@alexisidroMore info on pi bank please
@alexisidro Ай бұрын
Get a Step-by-Step, Customized Financial Plan: alexisidro.com/FinancialClarityBlueprint Save and Make Passive Income w/ High Yield Savings: alexisidro.com/HYSAGuide
@reedsgirl1138 Ай бұрын
Western Alliance has great customer service! It’s no AI. :)
@alexisidro 28 күн бұрын
Thank you for sharing! How long have you been using it?
@sedrickmayfield3364 Ай бұрын
*AMEX ( 4.00% APY² ), ...as advertised is accurate as of 11/05/2024, ...🫡
@zsurvivalist7996 Ай бұрын
I kind of regret joining but also haven't had any issues. I'm more concerned about getting charged for previous months of tranfers since i didn't know there's supposed to be fees after more than 5 a month.
@alexisidro 28 күн бұрын
How’s it coming along?
@zsurvivalist7996 28 күн бұрын
@alexisidro fine , rates been lowering ever since the fed cut rates though.
@Sexcmo78 Ай бұрын
Who else cares if they are a Bank or not,, as long as they are covered by FDIC insurance, alot of these Fintechs arent Banks either,, and they give Marcus,,, Cit Bank and others a run for there money offering Bank features without the headaches of a traditional brick and mortar Bank
@alexisidro Ай бұрын
Hello everyone! What is your reaction to Wealthfront? If you are a customer, what do you like about them and where do you think they can improve? I'd love to know your take. Let me know your thoughts in the comments, have a great day!
@Sexcmo78 Ай бұрын
WF is great,, For Banking as well as for investing and yes they do offer Mobile Check Deposit... and same day RTP Network transfer as long as your Bank is on there list. Also ,,,, I use Lending Club Bank ,, as well as Etrade by Morgan Stanley,,, I use Etrade more,,, Free Checks, ,, Unlimited ATM reimbursements,, same day fee credit back into your account,, dont have to wait until the end of the month.. they offer a premium savings account also,, 4.25%,,, Mobile Wallet,, High Echeck Limit,, 250K.. High Debit card limits if needed,, permanant or temp... The etrade side doesnt offer Zelle yet,, but there premium side of Morgan Stanley does,, as well as Cashiers Checks, and overnight free debit card and replacement... so def a great benefit... So I kinda pushed WF behind a bit,,, but great for 8Mil coverage if I ever had it..
@alexisidro Ай бұрын
@@Sexcmo78 thanks a lot for all this insight!
@redscorpion9325 Ай бұрын
They need to add Zelle but the low interest rates makes Wealth front unappealing because thats 1 thing they had going for them when it was at 5%