Higher interest rates should mean more money for savers — but switching banks can be a hassle

Apr 18, 2023
The average yield for a savings account is under 1%. Depositors, however, don't always take the opportunity to get more.
Apple is offering a savings account, in partnership with Goldman Sachs, that pays more than 4% interest — way higher than the national average.
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The federal spending bill could make it easier to save for emergencies

Dec 22, 2022
Employers that offer retirement plans would also be able to offer a separate emergency savings plan.
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Why has it taken so long for savings account interest rates to start rising?

Sep 16, 2022
The national average is still a paltry 0.13%, according to Bankrate, even as the Federal Reserve hikes interest rates.
Online banks tend to pay the highest rates on savings accounts because they don't have the same overhead costs as brick-and-mortar banks.
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More companies are starting emergency savings programs for employees

Oct 22, 2020
Are they any better than a traditional bank savings account?
A savings pot that isn't linked to your bank account could help to limit withdrawals.
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Americans won't be racing out to spend money as lockdown restrictions ease, early indicators suggest.
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Low interest rates have cost savers roughly half a trillion dollars

Apr 10, 2019
The post-crisis financial policy has a downside.
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Save more or owe more?

Feb 22, 2018
With wages and incomes up, more Americans say they are saving for a rainy day. But it might be wiser to use the money to pay down debt. Marketplace’s Aaron Schrank explains. Click the audio player above to hear the full story. 

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4 percent interest on savings? It sounds too good to be true

Jan 15, 2018
Startup Beam says it will offer high rates that are FDIC insured with no fees. Some in the industry say the math doesn't work.
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