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Which savings accounts offer interest rates that can compete with crypto exchanges? Or wallet staking? Chase, BoA and Wells Fargo savings accounts in the US pay
by TAKEMYMONEY 5y ago
Which savings accounts offer interest rates that can compete with crypto exchanges? Or wallet staking? Chase, BoA and Wells Fargo savings accounts in the US pay 0.01% APY. Ally is down to 0.5% APY.
There is a crypto exchange offering 1.01% APY on BTC, a difference of 10,000% compared to Chase (and much higher APYs on other tokens).
Not shilling, I moved everything from Ally to a money market account elsewhere, I'd genuinely like to know where you're seeing a relevant amount of interest.