Not only are banks not paying you for your deposits anymore (OK, maybe a few pennies here and there); but many of them are now forced to charge you for basic services that have been “free” for years thanks to Dodd/Frank (which severely limited what bank’s ability to charge merchants that took debit/credit cards). Now that “swipe fees” have been crushed…so has free checking. So, where does one go to earn money on savings now? If you have some time to wait, we have a few great options to consider....
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