Cryptocurrency Q&A
Which bank gives 7% interest on savings?
Which bank gives 7% interest on savings?
HanjiArtistry
Sun Sep 22 2024
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5 answers
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Excuse me, I was wondering if you could shed some light on a specific matter related to banking. I've been searching for a bank that offers a particularly attractive interest rate on savings accounts, specifically one that grants a rate of 7% or higher. In today's financial landscape, where rates seem to be hovering at relatively low levels, I'm curious if you're aware of any institutions that stand out in this regard. Could you perhaps direct me towards any banks that might fit this description, or perhaps offer some insight into why such high rates might be difficult to come by at present?
5 answers
Dario
Tue Sep 24 2024
Amidst this backdrop, credit unions have stepped up to fill the void, offering competitive interest rates to attract customers. Two credit unions, in particular, have stood out with their high-yield checking account options.
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TaegeukChampion
Tue Sep 24 2024
The first is the Landmark Credit Union, which boasts a Premium Checking account that offers a remarkable 7.50% Annual Percentage Yield (APY). This rate far surpasses the offerings of traditional banks, making it an attractive proposition for savers seeking to maximize their returns.
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ShintoBlessed
Tue Sep 24 2024
On the other hand, OnPath Credit Union has also entered the fray with its High Yield Checking account, offering a competitive 7.00% APY. This offering provides an alternative for those seeking a similar level of returns but with potentially different service offerings or membership eligibility criteria.
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Stefano
Tue Sep 24 2024
In the current financial landscape of July 2024, a notable trend has emerged: traditional banks are no longer offering savings accounts with an attractive 7% interest rate. This shift underscores the evolving dynamics of the banking industry and the search for alternative investment avenues.
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IncheonBeautyBloomingRadiance
Tue Sep 24 2024
As the cryptocurrency market continues to mature, platforms like BTCC have emerged as leading exchanges, offering a diverse range of services to cater to the needs of digital asset investors. BTCC's services encompass spot trading, futures trading, and wallet management, among others, providing a comprehensive solution for traders and investors alike.
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