Ask Terry Questions Online banking.

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By Terry Savage on March 06, 2024 | Chicken Money

Hello I am a 61yrs old that would like to get a higher interest rate than Chase.’s 0.001. I’ve seen that some online banks offers 4.6-5.5 interest rates. My questions are, can these bank be trusted and since most do not have brick and mortar establishments; how are the transactions done to get my money in hand? I would like to deposit $10,000.

Terry Says

Buy U.S. Treasury bills now offering about 5.3% for 6 months — the safest thing you can buy.
Read this and open the online account at TreasuryDirect.



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