ONE joins the fintech battle for banking customers with a 5% APY high-yield savings account

ONE joins the fintech battle for banking customers with a 5% APY high-yield savings account

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ONE, a financial technology startup backed by Walmart, just raised its rate on savings balances to 5% APY. That’s more than 12 times the national average savings account rate of 0.4%, according to FDIC data. ONE isn’t the only tech company to offer exceptionally high rates on savings accounts in…

#walmart #fdic #federalreserve #apple #goldmansachs #varobank #mybankingdirect #apy #nt #coastalcommunitybank

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