Maximize Savings: Compare Rates & Beat Inflation

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Discover the surprising truth about your savings account interest rate! The top three U.S. banks offer a mere 0.01%, while the national average is only 0.40%. However, by exploring beyond the big names, you can find rates up to 5.00% APY. Keeping your savings at a large bank may feel convenient, but it often means your money isnt growing as much as it could. Even well-known national and online banks offer higher rates, with some currently offering between 3.25% and 3.65% APY. Comparing your savings rate to these figures can help you maximize your financial future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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