Overdraft Apps » Bank Overdraft Policies » savings accounts

Editor’s Note: Overdraft Apps provides detailed product reviews and recommendations based upon extensive research and our own hands-on testing. We may earn a referral fee when you sign up for or purchase products mentioned in this article.

bank policies:

WAIT! High overdraft fees aren't the only way is costing you money.

With inflation overheating, you've probably heard that interest rates are climbing sharply. That means that for the first time in years, it's a great time to shop around for a high interest savings account.

savings accounts currently pay just APY1 as of . That means that if you have $2,500 in a savings account, you'd earn just after one year! Move those hard-earned savings to an FDIC-insured bank paying 3.00% APY and you'd earn $76.13 after one year, and some banks now pay even higher rates!

Don't let your hard-earned savings sit there doing next to nothing. Check out the rates that you can earn at other banks:

even savings other category

WAIT! High overdraft fees aren't the only way your bank is costing you money.

With inflation overheating, you've probably heard that interest rates are climbing sharply. That means that for the first time in years, it's a great time to shop around for a high interest savings account.

The national average interest rate for savings accounts is currently 0.18% APY - that means that if you have $2,500 in a savings account, you'd earn just $4.50 after one year! Move those hard-earned savings to an FDIC-insured bank paying 3.00% APY and you'd earn $71.63 more!

Don't let your hard-earned savings sit there doing nothing. Check out the rates that you can earn at other banks:

copy and paste


Latest posts by Mitchel Harad (see all)

Related Posts