Birdwatch Note Rating
2024-07-09 20:15:13 UTC - HELPFUL
Rated by Participant: 74D78106543736D5A81B9AD80E834AC7751D1AB2F9FA7F785476760B4B6A9E47
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.
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