Why Your HELOC Almost Always Beats Your Savings Account Right Now

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One of the most common questions we get is whether a savings account that's paying close to your HELOC rate changes the math.

It doesn't. Not in your favor.

If your savings is at 4% and your HELOC is at 5%, you're still carrying a 1% gap every day on whatever balance remains. Moving that cash inside the HELOC closes the gap immediately. You get the full 5% working for you, balance drops, daily interest drops, and the liquidity is identical.

The savings account only comes out ahead if it pays more than the HELOC rate. In today's rate environment, that's rare and getting rarer.

Brad and I cover this on the podcast. Drops June 4.

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