- The Finance Gourmet

A Savings Account Paying 10% Interest

September 27, 2024 by Finance Gourmet

Many banks and credit unions offer outlandish offers to get attention and make their products stand out in a crowded marketplace. Credit cards offer 0% interest transfers to get new card applications, banks offer $400 bonus for opening new accounts. and high yield savings account online offer interest rates that …

When Will My Savings Interest Rates Go Up?

March 18, 2022 by Finance Gourmet

Waiting for your bank or credit union to raise the interest rate they pay you on your savings or money market accounts? Don’t hold your breath. Better Savings Interest Rates While the Fed kept interest rates at zero, most banks followed suit with their basic interest-bearing accounts, getting as close …