From Forbes:
Of all the financial perks that fell victim to the credit crisis of late 2008, among the least eulogized has been the high-yielding online bank account.
A few years ago, deposit-hungry banks like HSBC began luring Internet-only customers with interest rates exceeding 4%--unprecedented for straightforward savings accounts. While the recent financial panic drove rates on most online-only accounts down below 2%, some have begun to creep back up lately as banks try to boost their number of deposits.
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