Birdwatch Note Rating
2024-07-09 20:07:02 UTC - HELPFUL
Rated by Participant: 499E6F7FF8B36A2CFA0CB8F811A7234ED08DE5FA1FFF41D1F23AC6FD4026868A
Participant Details
Original Note:
The actual average savings rate per the FDIC is .46% while there is savings accounts that can reach up to 5% they are more restrictive on who they allow to bank with them and how much money can be used or put in to the account. https://www.nerdwallet.com/article/banking/what-is-the-average-savings-account-interest-rate Also 5.25% of 2 Million is 105,000.
All Note Details