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Categories for Prize-Linked-Savings

Is a High-Yield Savings Account Worth It?

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May 25, 2021 10:30 pm | Leave your thoughts



Nearly every bank pays you interest when you deposit your cash with them. Yay for free money! Well, don’t get too excited. Did you know that the national average interest rate for a savings account is around 0.06 percent, according to the FDIC? For example, if you deposited $1,000 into a savings account that earns...

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