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re: AMEX HYSA - 4/9/24 just dropped for first time from 4.35% to 4.3%
Posted on 4/9/24 at 9:48 am to thelawnwranglers
Posted on 4/9/24 at 9:48 am to thelawnwranglers
This is strange.
Wife has AMEX HYSA and I have Betterment.
Betterment just increased from 4.75 to 5.00% last week.
Wife has AMEX HYSA and I have Betterment.
Betterment just increased from 4.75 to 5.00% last week.
Posted on 4/9/24 at 10:41 am to Helo
Banks are learning they can keep fricking the middle class and keep more profits
Posted on 4/9/24 at 10:59 am to Helo
quote:
Betterment just increased from 4.75 to 5.00% last week.
How often do they make yield payments?
Posted on 4/10/24 at 5:04 pm to Helo
Most banks just get a wiff of a possible rate cut 20 years from now and they will immediately cut interest rates. But if the Fed raises rates 0.5% it might take a month before a bank raises your interest 0.35%.
Conversely, banks lending rates change in the opposite way. They're super quick to charge you more, but they will drag their feet to charge you less
It really is criminal the way this works out for their customers.
Conversely, banks lending rates change in the opposite way. They're super quick to charge you more, but they will drag their feet to charge you less
It really is criminal the way this works out for their customers.
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