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A comment on Google Pixel Fold. Parent comment

Re:Google Pixel Fold by blep_ on Wednesday May 10, 2023 @05:03PM (#35893473)
Where did you find a savings account yielding 4%?
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Re:Google Pixel Fold by was_a_dev on Wednesday May 10, 2023 @05:07PM (#35893536)
Some accounts in the UK have been offering 6+%
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Re:Google Pixel Fold by seabass-labrax on Wednesday May 10, 2023 @07:54PM (#35895275)
The best interest account listed on MoneySavingExpert.com is at 5%, with the condition that you do not withdraw within 3 years of a deposit. Presumably these 6% accounts have similar requirements?
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Re:Google Pixel Fold by anonporridge on Wednesday May 10, 2023 @05:54PM (#35894025)
This comment right here is part of why the banking crisis has just barely started.

Tons and tons of people have their cash sitting in a shitty Chase savings account yielding 0.1%, while there are many FDIC insured banks offering at least 3% and up to 5%. As a critical mass of these people realize the options available, they'll rapidly move their money with online transfers causing more banks to collapse. The extremely rapid outflows are what killed SVB, Signature, and Republic who were screwed because they had too many low yielding treasuries because the Fed hiked rates so fast.

I've been yielding over 3% in a Capital One savings account since last year.

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Re:Google Pixel Fold by unclad5968 on Wednesday May 10, 2023 @09:47PM (#35896280)
What cap one account do you have? Mine nets a whopping 0.3% APY
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Re:Google Pixel Fold by kelnos on Thursday May 11, 2023 @01:46AM (#35898117)
According to [0], the "360 Performance Savings" is at 3.75% now.

[0] https://www.capitalone.com/bank/open-an-account/

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Re:Google Pixel Fold by netheril96 on Wednesday May 10, 2023 @07:15PM (#35894836)
The Fed interest rate is well above 4%. No doubt some banks are offering 4%.
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Re:Google Pixel Fold by 0x457 on Wednesday May 10, 2023 @08:21PM (#35895528)
My Marcus by GS gives me 4.15% and Ally gives be 3.75%.
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Re:Google Pixel Fold by nickthegreek on Wednesday May 10, 2023 @09:36PM (#35896174)
Apple themselves have a 4% savings account and will also give you 0% on device purchases through their Apple Card.
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Re:Google Pixel Fold by cypherpunks01 on Wednesday May 10, 2023 @09:50PM (#35896300)
Wealthfront Cash account is 4.55% at the moment
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Re:Google Pixel Fold by tombert on Wednesday May 10, 2023 @11:06PM (#35896851)
Not exactly a “savings account”, but Treasury Bills have routinely beat 4% for quite awhile, nowadays getting upwards of 5.25% for 13 week ones.

They can be purchased quite easily from the US treasury website, or investment sites like Fidelity.

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