A bank offering more than 60% interest rate on saving accounts

[admin]

You read correctly, not 0.6%, not 6%, but 60%. This is yearly interest, and it requires some fair amount of work, but if you have between $10,000 and $100,000 in savings and can't find a job, this could be worth the effort. Indeed if you have $100,000 in savings you might just be able to survive thanks to the interest paid to you. The way it works is by leveraging new saving account products that banks offer. The more long-term deposits a bank receive, the more leverage it gets, the more…



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