Ask Terry Questions High Yield Savings Account?

High Yield Savings Account?

By Terry Savage on January 19, 2023 | Chicken Money

What’s your thoughts on high yield savings accounts? Was considering opening one up but am wondering how long they offer you the high rate. It’s not just a ploy to get your business , is it ? Currently Capital One and American Express are offering 3.30% , much better than my local bank. Thank you.

Terry Says

That’s higher than many banks, but not enough. Read this article:
6-month T-bills are currently paying around 4.75% at the most recent auction this week.



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