Think Your Savings Account Rate Is Fine? Here's a 2-Minute Way to Check

Think Your Savings Account Rate Is Fine? Here's a 2-Minute Way to Check

The post Think Your Savings Account Rate Is Fine? Here’s a 2-Minute Way to Check appeared first on 24/7 Wall St.. Most people can’t tell you what their savings account earns. Their bank is counting on that. Here’s the two-minute check: log into your bank, find the APY (annual percentage yield, the rate your money earns in a year), and compare it to what’s available right now. That’s it. The number you find will probably annoy you, in a useful wa…