My current physical bank (BB&T) keeps advertising their savings account to me. After looking it up, I noticed the APY on it is 0.03%. How do these rates still exist when 4-week Tbills are paying ~2.40% APY and Ally, Amex and the like offer accounts with 2%+ APY? Is there some benefit to them I'm missing?
Submitted April 29, 2019 at 11:58AM by Skytram_ http://bit.ly/2J8Z3Ut