Talk of The Villages Florida - View Single Post - Money market/savings interest rates
Thread: Money market/savings interest rates
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Old 04-09-2024, 07:51 AM
JRcorvette JRcorvette is offline
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Default Money Market Accounts
Quote:
Originally Posted by Ellen2 View Post
I have had a sizable money market account with Truist Bank. Without notice, they suddenly dropped my interest rate from 3.05% to .01%. Needless to say, I am looking for another bank. Does anyone know of a local, brick and mortar bank/credit union, that is offering decent rates? Thanks!
Don’t leave a lot of money in the Banks… either get a short term CD or move the money to a Brokerage account like Fidelity or others. They all pay close to 5% and you can even pay bills from them, easily move money to linked accounts and get a debit card!