4 ms·
BOA interest rates will probably rocket up from .02% to .03% when the prime rate goes above 6%
by davio 8y ago
BOA interest rates will probably rocket up from .02% to .03% when the prime rate goes above 6%
- fizgig 8y agoI know, right? I'm soooo tempted to hoard $100k with BoA for that 20% extra bonus to their crappy interest rate.
- tanderson92 8y agoYou joke, but a lot of savvy people hoard $100k with BoA through their brokerage in the form of ETFs specifically for the bonuses to credit card rates (and the free equity trades).
- fizgig 8y agoYeah, I know. I'll probably roll over my 401k into an IRA at Merrill Edge for the free trades and 75% perk on their cash back cards. I was just highlighting the horrible rates that banks currently provide in the customer's favor even if you are a loyal patron holding a substantial (for the vast majority of people) sum of money.