Online banking.
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.
https://www.terrysavage.com/t-bills-beat-cds-2/