Talk of The Villages Florida - View Single Post - Savings account interest rates
View Single Post
 
Old 06-18-2023, 10:22 AM
maistocars maistocars is offline
Senior Member
Join Date: Sep 2021
Posts: 447
Thanks: 325
Thanked 248 Times in 148 Posts
Default

Quote:
Originally Posted by Hobbiest View Post
Right now Citizen’s Bank is offering a 4.5% interest rate with a $1 minimum deposit. An independent source that scans nearly every available rate is a company called Bank Rate. They gather and organize rates on many investment products.

Bankrate: Guiding you through life's financial journey

Monthly I find the best available rate then, if necessary, move funds. Throughout the course of a year I earn about a week’s worth of “free” groceries for my effort. Is it worth it? Well, there aren’t as many activities that “cost” 15 minutes of computer time for such a handsome return.
What Citizens account is that? I just looked and they pay either .07% or .01%......
__________________
"He who dares not offend cannot be honest." Thomas Paine