The Best High-Yield Savings Accounts for 2020

Money Magazine Asset-Map

By Fernando Garcia

In March 2020, the Fed announced a second round of rate cuts to the federal interest rate in response to the ongoing COVID-19 crisis.

While this is a bit of good news for anyone shopping around for a loan, it’s less than ideal for savers.

If you have concerns about how this might impact the interest rate on your savings account, you may be interested in looking for a high-yield savings account to offset the current rate cut.

Read the full story here.

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