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The only bank in BP offering 5% for a savings acct is Citi?



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amother
OP


 

Post Sat, Jan 13 2024, 11:33 pm
The only bank in BP offering 5% interest for a savings acct, (not a CD, that you cant deposit or withdraw) is Citi?

tia
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Einikel




 
 
    
 

Post Sat, Jan 13 2024, 11:36 pm
There are loads of online options
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amother
OP


 

Post Sat, Jan 13 2024, 11:59 pm
Einikel wrote:
There are loads of online options


True, but I prefer using a local bank, rather online. Im old fashioned.

Are there no disadvantages of using online banks, like online banks are harder to reach?
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Einikel




 
 
    
 

Post Sun, Jan 14 2024, 12:01 am
amother OP wrote:
True, but I prefer using a local bank, rather online. Im old fashioned.

Are there no disadvantages of using online banks, like online banks are harder to reach?


I have an online account and never had any issues. I see Capital One has 4.35% now.
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amother
OP


 

Post Sun, Jan 14 2024, 12:06 am
Einikel wrote:
I have an online account and never had any issues. I see Capital One has 4.35% now.


Yes, but Citi has 5%, its just a few blocks further from where I live.
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lemon1




 
 
    
 

Post Sun, Jan 14 2024, 12:47 am
Since when does Citi have 5%
What type of account?
I get nothing
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amother
OP


 

Post Sun, Jan 14 2024, 12:57 am
lemon1 wrote:
Since when does Citi have 5%
What type of account?
I get nothing


I think theres a minimum amount required.

Its called "Citi® Savings Account"

Ask in the branch.
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amother
Camellia


 

Post Sun, Jan 14 2024, 1:13 am
It’s easy to get 5% these days. Just look for a high yield savings account.
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amother
OP


 

Post Sun, Jan 14 2024, 1:39 am
amother Camellia wrote:
It’s easy to get 5% these days. Just look for a high yield savings account.


You probably mean online accounts which always pay higher rates.
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