Bank CDs Are an Insult to America's Savers | Wealth Management
Banks don’t feel the need to offer competitive rates on certificates of deposit, which are universally below the world’s safest asset: Treasury bills.
Source: wealthmanagement.com
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Big banks pay up for online deposits, but with a catch
BMO, PNC and Citigroup are all paying rates around 4% on high-yield digital savings accounts. To be eligible, though, customers must live outside of the banks' branch networks.
Source: americanbanker.com
You Can Use Your Tax Refund to Buy I Bonds, but Should You?
The answer depends on whether you’re looking to get high interest rates now or a safe investment with inflation protection over many years.
Source: nytimes.com
Online savings accounts, CDs tempting while interest rates high
Consumers who never thought of leaving a traditional bank are being tempted by online banks with names they don't recognize.
Source: freep.com
When It Makes Sense to Buy Extra Paper Series I Bonds With Your Tax Refund, According to Experts
You can buy an extra $5,000 in paper Series I bonds with your tax refund, but experts say to consider your goals and weigh alternatives.
Source: nbcsandiego.com