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Savings account interest rates are horrible.

elbig 6 months ago in Marketplace 0

Discover Bank and Capital One 360 offer 1.8%+ APY. I have recently moved in excess of $100,000 out of the big banks into the online banks. I’m wondering how many others like me are doing similar things. Somehow, I suspect I’m a little slower than many about doing this. However,this could have a significantly detrimental effect to returns on banking stocks. Has anyone looked into this?