Tag Archives: “high yield”
What’s the Real Deal with these High Yield Savings Accounts?
Sunday, July 2, 2006 Comments (1)
So I’ve been looking into these high yield savings accounts that are offering up to 5.05% APY. I know they can cut costs by not offering you normal bank services and only allowing online access, but it still seems a little too good to be true. Are banks really competing that hard to get savers to open accounts with them?