The Sneaky Tricks Banks Are Playing on Savers

Here’s the good news/bad news story for savers in light of the Federal Reserve Board’s policy since late 2015 to nudge interest rates up: The good news: Some banks and credit unions are finally offering higher interest rates on their CDs and savings accounts. The bad news: You probably can’t get these juicier yields because…

The post The Sneaky Tricks Banks Are Playing on Savers appeared first on Next Avenue.

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