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A comment on Robinhood launches 3% checking account. Parent comment

Re:Robinhood launches 3% checking account by brown9-2 on Thursday December 13, 2018 @06:57PM (#18677265)
> It's just classic bait and switch.

Are you unaware that interest rates today are drastically different than a decade ago?

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Re:Robinhood launches 3% checking account by cperciva on Thursday December 13, 2018 @07:28PM (#18677396)
The Federal funds rate is currently 2.00-2.25%.

A decade ago, the rate was 1.00%. (And three days later, it was 0.00-0.25%.)

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Re:Robinhood launches 3% checking account by pascalxus on Thursday December 13, 2018 @07:26PM (#18677381)
all the other top savings accounts are currently 2% to 2.2%. i think they are not going to maintain that lead.
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