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doubled112
13 days ago
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Ask HN: Why are banks charging so many fees for ac...
Sure, you could pop it into a TD High Interest Savings Account and earn your high interest rate of 0.050%.
Wait, its 0.000% on $4,000
High interest, indeed!
dackle
13 days ago
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Yes, and while TD is paying you 0.050%, they are loaning out your $4,000 in the form of a mortgage on which they earn 6.79%!
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scarface_74
13 days ago
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There are plenty of reputable banks that still pay 3-5%. Amex savings accounts are now 3.8%
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Wait, its 0.000% on $4,000
High interest, indeed!