3 ms·
Which bank has these mythical 5% interest savings accounts? I’m pretty sure that for most middle-class people, savings interest isn’t a real thing and can be sa
by Uehreka 3y ago
Which bank has these mythical 5% interest savings accounts? I’m pretty sure that for most middle-class people, savings interest isn’t a real thing and can be safely disregarded when making decisions.
- lookitsnicholas 3y agowell - for starters, my current primary HYSA has a 5.15% APY atm lol
- lazyasciiart 3y agoCredit unions and online banks. http://www.cnet.com/personal-finance/banking/savings/these-high-yield-savings-accounts-earn-5-percent-apy-or-more/ http://www.cnet.com/personal-finance/banking/savings/these-h... If you’re willing to settle for 4%, they’re everywhere now.
- function_seven 3y agoTons of banks are offering around 5% on savings accounts and CDs. I have a 6-mo CD right now at 5.05%. My Apple savings account is at 4.50% Times have changed.
- yanokwa 3y agoIn the US? Ally offers savings accounts with great rates (usually 50% off prime, so currently 4.25%) and in my experience is a fantastic bank. Way better than credit unions I’ve banked with. https://www.ally.com/bank/online-savings-account/ https://www.ally.com/bank/online-savings-account/
- philwelch 3y agoHilariously, Ally used to be GM’s finance division.
- tjohns 3y agoWealthfront's checking account is at 5% right now.
- jimbob45 3y agohttps://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts https://www.nerdwallet.com/best/banking/high-yield-online-sa... I've gotten a lot of mileage out of NerdWallet over the years. Hope it helps you too.
- greyface- 3y agoCash in a brokerage account. Admittedly, not a "bank". Vanguard VMFXX - 5.28% Fidelity SPAXX - 4.97%