Americans Sick of 0.01% Yields Create New Dilemma on Wall Street
https://www.bloomberg.com/news/articles/2024-04-17/americans-sick-of-0-01-yields-create-new-dilemma-on-wall-street
Across JPMorgan Chase & Co.’s broad suite of consumer accounts, one number is just about everywhere: 0.01%.
That’s the interest rate on Chase Sapphire, Chase Premier Plus and Chase Private Client checking accounts, regardless if someone deposits $5 or $500,000. The same is true for Chase savings accounts, according to a fact sheet as of April 12. Those afforded “relationship rates” get a whopping ... 0.02%.
https://www.bloomberg.com/news/articles/2024-04-17/americans-sick-of-0-01-yields-create-new-dilemma-on-wall-street
Across JPMorgan Chase & Co.’s broad suite of consumer accounts, one number is just about everywhere: 0.01%.
That’s the interest rate on Chase Sapphire, Chase Premier Plus and Chase Private Client checking accounts, regardless if someone deposits $5 or $500,000. The same is true for Chase savings accounts, according to a fact sheet as of April 12. Those afforded “relationship rates” get a whopping ... 0.02%.