If there’s one negative aspect to life at record low interest rates, it’s earning almost nothing on the cash you have saved at a bank. Certificates of deposit, or CDs, which require you to lock up savings for a predetermined amount of time offer slightly better interest rates, but not much better than the paltry 0.07% annual percentage yield (APY) that is the current national average for savings accounts, according to Bankrate. But one crypto startup, BlockFi, is letting users earn at a… Source link
Read More »This crypto startup is offering 8.6% interest on savings accounts — 123x the national average
