I'm currently a Bank of America customer, with a long-term investment account at Vanguard that I don't touch other than to put money in it monthly. I like that it's passively managed and so I don't have to put any mental energy towards it.
I'm trying to find HYSA for my emergency fund (currently parked in a savings account at BoA that earns next to nothing. Does it make sense to move the money in my Vanguard investment account over to Merrill Edge to hit Platinum status with BoA, which in turn allows for access to HYSA rates with Merrill Preferred Deposit?
Ideally I'd be able to keep things passive the way I have been, but I can't quite tell if Merrill Edge allows for that the way Vanguard does.