After revision, the bank currently offers interest rates ranging from 3.50% to 7.50% on deposits maturing in 7 days to 10 years. The new rates came into effect from October 1, 2023, according to the bank s official website.
Brokerage cash management and high-yield savings accounts may both offer straightforward transfer options, so it comes down to which provides the best rate.
It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.