Online saving account - being popular coz of Rising interest rates!
Online saving account - being popular coz of Rising interest rates!
High interest rates have increased rate advantage over traditional brick-and-mortar acc.
High interest rates have increased rate advantage over traditional brick-and-mortar acc.
Increasing interest rates at lightning speed has drastically dropped the popularity of older banks.
0.06% to 0.24% in 2022 (The nationwide savings account average yield) says FDIC
0.06% to 0.24% in 2022 (The nationwide savings account average yield) says FDIC
DepositAccounts.com traced the growing average online savings account yield in 2022 - 0.46% to 3.02%
DepositAccounts.com traced the growing average online savings account yield in 2022 - 0.46% to 3.02%
Advantage- online bank offers checking and savings account together
Advantage- online bank offers checking and savings account together
Free ATM usage & checking acc with many other benefits of online acc.
Free ATM usage & checking acc with many other benefits of online acc.
Some have limited transaction, other with transfer free charge