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Personal Finance (Not Investing) • US Bank 4% Smartly Visa Credit Card

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I spoke to a very nice man on the phone today who claimed to be a supervisor and confirmed that in fact VUSXX (and all other money market funds) does NOT have a transaction fee, but there is a bug in their system that erroneously displays a $25 transaction fee for VUSXX and some other money market funds. He said you can do the trade over the phone if that makes you uncomfortable, but I went ahead and submitted online so we'll see what happens on Monday.

As someone who works at a tech company, it pains me to bank at a company like this, but turns out that I'll put up with a lot for 4% cash back :)
GABXX has a lower ER (0.08%), so why bother with VUSXX (ER 0.09%) :confused

Good to know that the bug is not GABXX not having a transaction fee.
Additional faith in Vanguard as to be worth one basis point!

Statistics: Posted by jst — Sat Dec 14, 2024 10:55 am — Replies 1173 — Views 99463



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