Why are they strictly better? You remove interest rate risk at the expense of yi... | Hacker News

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		formercoder on July 25, 2020 \| parent \| context \| favorite \| on: Banks are slow to increase rates on savings accoun... Why are they strictly better? You remove interest rate risk at the expense of yield. They currently pay less than high interest savings.

Aunche on July 26, 2020 [–]

Whenever I looked at them last year, they were always slightly higher yield than the online savings accounts. Perhaps it was just a promotional rate.

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