3 Banking Mistakes to Avoid Like the Plague in 2023

3 Banking Mistakes to Avoid Like the Plague in 2023

The interest rate you earn on your savings account or in a CD might vary significantly from one bank to another. Back then, banks were paying such a minimal amount of interest that there was almost no point in putting in the time to earn an extra $0.72 in interest in the course of a year. You might easily, for example, snag an interest rate in the 3% range in a high-yield savings account and a rate in the 4% range for a CD.