Bankrate: Two-Thirds of Savers Still Earning a Rate of Return of Less Than 4%
March 28, 2024
March 28, 2024
NEW YORK, March 28 (TNSres) -- Bankrate, a provider of financial services, issued the following news release:
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Just over half of Americans with short term savings have a savings or money market account with an online bank, up from last year
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Despite yields on savings accounts that have remained at some of the highest levels in more than 15 years, two-thirds of savers (67%) are earning less than 4%, down from 79% surveyed last year, ac . . .
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Just over half of Americans with short term savings have a savings or money market account with an online bank, up from last year
* * *
Despite yields on savings accounts that have remained at some of the highest levels in more than 15 years, two-thirds of savers (67%) are earning less than 4%, down from 79% surveyed last year, ac . . .