this post was submitted on 30 May 2024
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Given that savings accounts are at 1% interest or so, that's only a thousand dollars in a savings account.
Good savings accounts are above 4% these days. Wealthfront is 5%, Synchrony is 4.75%, Marcus (Goldman Sachs) is 4.4%, Amex, Discover, Capital One, Ally, are 4.25%