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LOL Checking with interest down to 0.05%
Posted by: Acer
Date: April 11, 2020 03:11PM
APY, of course, like that has any meaning with such a minuscule return. It is to laugh.
Local chain. Just keep a balance for paying bills. I keep the bulk of my assets in gold bullion in my mattress.
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Re: LOL Checking with interest down to 0.05%
Posted by: NewtonMP2100
Date: April 11, 2020 03:21PM
....very.....interest.......ing.....



_____________________________________

I reject your reality and substitute my own!
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Re: LOL Checking with interest down to 0.05%
Posted by: space-time
Date: April 11, 2020 04:42PM
in 2009-2010 interest rates were so low in US and some rich people moved their money in Swiss banks with NEGATIVE interest. Basically the bank took a small percentage of your money. I am not sure why they did that, perhaps swiss banks offer more protection that US banks, or they wanted to keep their money in a more stable currency.

But my point is interests rates can also go below zero.
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Re: LOL Checking with interest down to 0.05%
Posted by: Ombligo
Date: April 11, 2020 04:50PM
I use to shake my head at my mom having money in a CD. Now I'd like to have her 2.4%



“No persons are more frequently wrong, than those who will not admit they are wrong.”
-- François de La Rochefoucauld
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Re: LOL Checking with interest down to 0.05%
Posted by: graylocks
Date: April 11, 2020 07:41PM
look into fitness bank if you have to have money accessible in saving. rate is tied into how many steps you take. seniors only have to do 10,000 to get the highest rate though i do way more than that a day. started putting funds there two months ago.

Fitness Bank



"Success isn't about how much money you make. It is about the difference you make in people's lives."--Michelle Obama
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