ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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bank
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wallet
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sock drawer
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under a mattress
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Detailed explanation-1: -Key Takeaways. The best places to save money and earn interest include high-yield savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit (CDs), and Treasury savings bond accounts.
Detailed explanation-2: -“U.S. Treasury securities, such as Treasury bills, notes and bonds, are considered to be among the safest investments because they are backed by the full faith and credit of the U.S. government, ” Boothe said.
Detailed explanation-3: -Citibank – APY: 3.85%, min. Marcus by Goldman Sachs – APY: 3.75%, min. Barclays Bank – APY: 3.60%, min. American Express National Bank – APY: 3.50%, min. Discover Bank – APY: 3.50%, min. Ally Bank – APY: 3.40%, min. Capital One – APY: 3.40%, min. More items
Detailed explanation-4: -JPMorgan Chase. U.S. Bank. PNC Bank. Citibank. Wells Fargo. Capital One. M&T Bank Corporation. AgriBank. More items