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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. It's 0.45%

It's 0.45%

Scheduled Pinned Locked Moved General Discussion
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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    As of end of June.

    That's the national average for a bank savings account, according to FDIC.

    That's atrocious.

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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    • MikM Away
      MikM Away
      Mik
      wrote on last edited by
      #2

      We've got a 2% money market, but there are pretty high balance requirements.

      "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

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      • 89th8 Offline
        89th8 Offline
        89th
        wrote on last edited by
        #3

        My wife is uber risk averse, it took a while to convince her to move her money from a savings account earning like 0.25% to a Capital One 360 performance savings account earning 4.25%. I told her she is literally losing money leaving it in a normal savings account that is less than inflation.

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