According to Bankrate’s most recent survey, the average interest rate on savings accounts is 0.49% APY with some larger banks, such as Chase, U.S. Bank, and Bank of America paying only 0.01% APY (Bankrate weekly survey dated 6/28/2023). What Is The Average Interest Rate For Savings Accounts? | Bankrate
Endowment Wealth Management’s CF Cash Program, as of 7/5/2023, is paying 4.34% APY on the first $1M of deposits and 3.85% on any deposits above $1M. Don’t let big banks take advantage of your deposits! To learn more about our CF Cash Management Program, please visit www.endowmentwm.com/cash
