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"Quick account setup process and fast 1-day ACH transfers. It also offers FDIC insurance BUT only up to $250k, whihc is what we deposited. Overall, not too shabby, and I suspect I'd make this a five if they can expand the FDIC coverage like Wealthfront does
I use Mayfair as a "simple cash management" tool for multiple clients. The rates are competitive, the team is responsive (they also listen to my ideas to improve the product), and the enhanced FDIC insurance is a game changer. Smart cash management (using Mayfair) is increasing my clients profit margins by about 1.5%. It's a win-win.
Have had a great experience with Mayfair thus far. Very smooth onboarding process and helpful staff. Has the recipe for being an excellent product!
Mayfair works around the clock to cater to our needs as a Real Estate company. They offer transparent rates, great customer service, and a super friendly user experience.
Competitive annual percentage yield (APY) of 4.02%—this is a decent rate, although there are other places with higher APYs available on the market, with caveats. Always do your homework, but if you you're taking advice from reveiws: this is worth considering.
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