Why do only online banks offer this? If the rate is 6% and you put in 100k, then does it stay 6% for as long as you have the money in there….even if it’s years? How safe is this and why aren’t more people doing it.
In: 0
The “50/50 shot” comment is somewhat disingenuous, isn’t it? Getting no return isn’t the worst case scenario – getting completely wiped out is. Yeah it’s only 6% but won’t wake up one day and see it gone.
Latest Answers