Robinhood launches 3% checking account

Re:Robinhood launches 3% checking account by justaguyhere on Thursday December 13, 2018 @11:13AM (#18673408)

my dad used to get > 10% rate (not US, and yes, it was much higher than inflation rate). Now we think 3% is bonkers. How times have changed!

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Re:Robinhood launches 3% checking account by EpicEng on Thursday December 13, 2018 @12:14PM (#18673964)

I don't know where you're located, but in the US, interest rates used to be much higher. So yes, you got great rates on savings accounts, but you also paid 8%+ on your mortgage.

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Re:Robinhood launches 3% checking account by jdhn on Thursday December 13, 2018 @02:22PM (#18675153)

Housing prices were lower in both absolute and inflation adjusted terms, so the higher interest rate didn't hurt as much.

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