Birdwatch Note Rating
2024-07-09 20:22:15 UTC - HELPFUL
Rated by Participant: 7D42FD3D9002FCD1C687E4E4E82455E3099D91E912BC632FF7C1B27436E0A5C0
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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