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BANKING

Should I Be Interested in Online Banks For Their Savings Rates?

By The BIDaWIZ Team on June 20th, 2012 at 2:00 pm

Online banks typically offer higher rates than their brick and mortar counterparts. In this low interest rate environment, savers have been hit hard by earning close to no interest income. In fact, if you compare the real rate of inflation to the interest rates offered by most banks, savers are likely losing money. So, should you open an account with one of the online banks? .
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