3 ms·

You could put it in a savings account where it earns .01% interest (which is what my bank is paying right now). So that 250K would earn you a cool $25 in a yea

You could put it in a savings account where it earns .01% interest (which is what my bank is paying right now). So that 250K would earn you a cool $25 in a year.

ericd 5y ago
Ally still offers 0.5% fwiw, which would be $1250. Doesn’t keep up with inflation, but better than $25.
- koolba 5y ago
  Business savings accounts generally give crappier rates than individual ones. I’m not aware of any major bank that gives anything greater than .05%.