[BrokeAssMillionaire]

Yeah Call Protected   found out the same thing happen to my friends as well. Goldman Sachs is better than JP Morgan.

Average CDs are around 4.25 - 4.35% at the moment, so the Money Market Funds would be 4%. There are many money market funds and SPAXX is one of the popular one.  It's always lower than CDs since it pays monthly that bases on whatever interest on that month. The reason I want to reserve the cash so I can jump in stock at anytime where I don't have to wait for maturity date. There are a few Money Market Funds that doesn't need to pay tax but the minimum requirement is 1 million  but the interest is lower like 3.5%. I did the estimate the no tax interest is really gain less so it's not good, assume tax is at 20%. I really can't figure out what the benefit with no tax, will have to look it again later.

To gain 3k with 150k balance account for one time offer may not benefit much unless there are other benefits. Since interest is high with Money Market Funds at the moment, 150k would gain better at 6k/year with 4% interest. When you have a lot of cash, they usually call to offer services   so the reality is they 're not nice but eager wants to get commission to manage your cash for you. There are two options that you can look at: 1) If you need cash anytime, then keep the cash in the bank. 2) Buy SPAXX to earn more, however; you need to set sell before stock market end then you can get cash out next day.