7 Places to Put Your Cash Now - Consumer Reports (2023)

Inflation isn’t just making everything you buy more expensive. It’s also taking a huge bite out of your savings.

While the cost of living is climbing at an annual rate of 8.5 percent—the biggest monthly increase in close to 40 years—most savings rates are still well below 1 percent.That means your cash is rapidly losing value. So it’s time to develop a new strategy for where you keep your money.

The Federal Reserve is hiking interest rates more rapidly to slow inflation, most recently with a 0.75 percentage point increase. Banks have started to raise their own deposit rates, but they often move slowly and the increases tend to be small.The savings account rate recently has averaged about 0.13 percent.

None of this means you should pull your money out of savings accounts. No matter what rate you’re getting, it’s important to have cash on hand in case the unexpected happens.

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“You should not be trying to use your savings accounts to maximize returns but to cover costs in an emergency and to help you ride out stock market downturns without panicking,” says Manisha Thakor, a certified financial planner and financial educator at MoneyZen in Portland, Ore.

That said, it makes sense to get the biggest bang for your buck, especially if rates head even higher in the coming months, as many forecasters predict.

Large national online banks, such as Ally and Synchrony, are currently paying interest rates of 2.00 percent or more on new online savings accounts, while American Express National Bank and others are offering 2.50 percent or more on one-year certificates of deposit, according to Deposit Accounts, a website that tracks depository banking products.

Some smaller players are competitive as well. Bask Bank, the internet division of Texas Capital Bank, is offering a savings account with a 2.20 annual percentage yield (the rate plus the effect of compounding interest), with no minimum balance or monthly service charge. (Initial deposits must be made within 60 days or the account may be closed; outgoing wire transfers incur a $35 fee.)

As for CDs, Rising Bank, the online division of Midwest BankCentre in Missouri, is paying a 3.10 percent annual percentage yield on a 12-month CD, with a minimum deposit of $1,000. (There are penalties for early withdrawal.)

If you’re thinking more long-term about your savings, here are four strategies to consider. Bear in mind that there’s nothing to stop you from using more than one of them, depending on your goals.

You Want Safety and Maximum Interest on Funds You Access Regularly

Online savings accounts are among the safest savings vehicles, with federal insurance covering up to $250,000 in deposits per holder, whether through a bank or a credit union. (A joint account with two holders is insured for up to $500,000.)

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You can find the rates offered for these high-paying accounts on websites such as Deposit Accounts and Bankrate. (For both websites, scroll below the top listings, which are paid placements.) Check the minimum deposit, fees, and features, such as ATM access and check writing. And note the limitations, such as the number of free monthly withdrawals.

You can also review the account’s rate history on Deposit Accounts (click on the details box). If the account has been around for several years, there’s less likelihood that the current APY is a teaser rate that will drop later, says Ken Tumin, founder and editor of Deposit Accounts.

Money market accounts offer yields similar to savings accounts but with some additional benefits and restrictions. Offered by banks and credit unions, they’re insured like savings accounts, up to $250,000 per individual holder. Institutions are able to provide higher rates on these accounts by investing your money in secure, short-term Treasury debt.

If you can stash a significant amount in a money market account, you may benefit from more rate stability than in an online savings account, Tumin says. That’s because some money market accounts offer higher rate tiers for balances above a certain amount—such as $25,000—and are less likely to change rates at those higher tiers later.

Make sure the money market account has the features you need. As with online savings accounts, some banks may limit withdrawals or check writing. For example, Vio Bank Cornerstone Money Market Savings Account doesn’t offer check writing or an ATM/debit card.

At Deposit Accounts, check customer reviews for consumer experiences opening, maintaining, and closing accounts. Also note the financial health of the bank, which Deposit Accounts judges using a variety of well-accepted financial yardsticks. While your savings are insured and the percentage of banks with low ratings is tiny, avoiding D- or F-rated institutions could save you from hassles if you have to get your money in the event of a default.

You Want High Returns and Convenience in Exchange for Some Risk

Money market funds are a good option as a secondary savings account or to hold a portion of your emergency money. They’re offered by mutual funds and investment companies.

The funds invest in debt: super-safe, short-term Treasury bills, plus short-term municipal and corporate debt (also known as “commercial paper”). While convenient to use if you also have a brokerage account, unlike savings and money market accounts, they’re not insured.

Still, there’s a potential benefit: Money market funds typically respond quickly to changes in interest rates, as do savings accounts.

The trade-off is that although these funds are relatively safe, you’re taking on an incremental amount of risk overinvesting in high-yield savings accounts, says Eric Bronnenkant, head of tax at Betterment, an online investment company in New York City.

For greater safety, you can consider a fund that focuses on U.S. government-backed issues rather than those that invest in corporate debt, says Allan Roth, chief executive of Wealth Logic, a financial planning firm in Colorado Springs, Colo.

For example, the Vanguard Treasury Money Market fund, recently yielding 2.13 percent, mainly holds Treasury bills. That rate is likely to increase, Roth says. As a bonus, income from Treasury securities is exempt from state and local income tax.

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Money market funds typically have minimum investments of $500 or more, but some have none. (Most Vanguard funds have a $3,000 minimum.) There’s generally no limit to how much can be deposited or withdrawn after that initial deposit or how often you can make transactions. You can write checks, arrange for direct deposit, and, in some cases, use ATMs.

Check the net expense ratio, which should be well below 0.25 percent. (Many funds temporarily waived expenses [PDF] during the pandemic, but fees have edged back up.)

Fidelity Money Market, for instance, charges 0.18 percent, or $1.80 per $1,000 invested. Compare expenses among money funds using thefree Fund Analyzersponsored by FINRA, the self-governing body of the investment industry.

You'll Do Anything for the Highest Insured Yield

High-yield-reward checking accounts offer relatively high interest—currently as much as 5.00 percent APY—and are federally insured for up to $250,000. But the community banks and credit unions that offer them make account holders jump through hoops. While initial deposits and minimum balances are either nonexistent or very low, you typically must make six to 12 debit-card transactions per month, arrange for at least one direct deposit monthly, and sign up for electronic statements. There may be other rules, too.

With these accounts, you’ll get the top rate on high-yield checking up to a certain balance; above that limit, the interest drops sharply. Many such accounts, also called “rewards checking,” limit their high rates to balances of $10,000 or less.

Consumers Credit Union of Illinois’ Free Rewards Checking, for instance, has a current APY of 5.00 percent on the first $10,000 in savings and 0.20 percent to 0.1 percent after that. You also have to join the credit union (for a one-time $5 fee) and agree to receive all-electronic documents. And each month you must make at least 12 debit-card transactions totaling $100 or more; have $500 or more in direct deposits, mobile check deposits, or ACH credits; and spend $1,000 or more with a CCU Visa card.

Tumin says some of his website readers report having a dozen or so of these accounts at a time, each account holding just under the maximum to get the top rate.

You Don’t Need to Touch Your Savings for Several Months or a Year

Treasury bills of a year’s duration were recently offering a 3.6 percent rate. They carry an implicit insurance: They’re debt backed by the full faith and credit of the U.S. government.

The minimum purchase is $100. You buy them at a discount and get the full price when it matures. For example, $200 worth of 52-week bills will cost about $193.

You can buy these bills through a broker, which may charge a fee. You can also buy Treasurys from the federal government, with no fee, at TreasuryDirect.gov. Check the latest auction rates here; to determine the interest you’ll get, take the “Price per $100” in the last column and subtract it from $100.

As noted earlier, the interest from Treasury securities is exempt from state and local tax. If you live in a state with both, Treasurys are an attractive option for your cash.

The possible downside? Because you buy Treasurys at a discount, selling them before they’re due may mean you won’t get all the yield you expected.

Certificates of deposit, which let you lock up your cash at a given rate for a few months to a few years, are also federally insured. But they’re looking a lot less attractive right now.

“The risk is you are locking up your money at what may turn out to be low rates,” Bronnenkant says. One-year online CDs recently offered average rates of 2.67 percent.

If you need to make an early withdrawal, you’ll typically lose a few months of interest. But there are some exceptions, Tumin says. A few banks offer CDs with no early withdrawal penalties.

Still, given the other options available, you may be better off with a more flexible savings account.

I Bonds may not be a handy source of cash, but they’re a great option for those who can afford to lock up their money for at least a year. These government savings bonds pay inflation-adjusted interest rates, most recently an annual 9.62 percent, or a guaranteed 4.81 percent over the next six months. (If you make a withdrawal within five years, you lose three months of interest.)

For more details, learn how I Bonds can help you fight inflation.

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7 Places to Put Your Cash Now - Consumer Reports (1)
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Penelope Wang

I cover everything from retirement planning to taxes to college saving. My goal is to help people improve their finances, so they have less stress and more freedom. What I enjoy: walks through the city, time with family, and reading mysteries, though I rarely guess who did it.


7 Places to Put Your Cash Now - Consumer Reports? ›

Best investments for short-term money

Bank products and Treasurys are safest, corporate bond funds slightly less so. CDs and bonds are relatively low risk compared to stocks, which can fluctuate a lot and are high risk.

How can I get 5% interest on my money? ›

Here are the best 5% interest savings accounts you can open today:
  1. GreenState Credit Union Savings Account – 5.01% APY.
  2. Western Alliance Bank – 5.05% APY.
  3. 12 Months: Bread Savings – 5.20% APY.
  4. 27 Months: Sallie Mae – 5.15% APY.
  5. 3 Years: Ibexis Fixed Annuity – Up to 5.00% APY.
  6. 5 Years: Americo Fixed Annuity – Up to 5.25% APY.

Where should you keep large amounts of cash? ›

With that in mind, here are some options to consider.
  • High-yield savings account. ...
  • Certificate of deposit (CD) ...
  • Money market account. ...
  • Checking account. ...
  • Treasury bills. ...
  • Short-term bonds. ...
  • Riskier options: Stocks, real estate and gold. ...
  • Get help from a financial planner.
Apr 28, 2023

Where can I get 10% interest on my money? ›

Here's my list of the 10 best investments for a 10% ROI.
  • How to Get 10% Return on Investment: 10 Proven Ways.
  • High-End Art (on Masterworks)
  • Invest in the Private Credit Market.
  • Paying Down High-Interest Loans.
  • U.S. Government I-Bonds.
  • Stock Market Investing via Index Funds.
  • Stock Picking.
  • Junk Bonds.
Jun 13, 2023

Where is the safest place to park cash? ›

Best investments for short-term money

Bank products and Treasurys are safest, corporate bond funds slightly less so. CDs and bonds are relatively low risk compared to stocks, which can fluctuate a lot and are high risk.

Can you get 7% interest savings account? ›

While 7% with Landmark Credit Union is the highest available interest rate, other high-yield savings accounts exist and may be more worth it based on each bank's unique requirements.

How long will it take $1000 to double at 5% interest? ›

Answer and Explanation: The answer is: 12 years.

Where do millionaires keep their money? ›

Cash equivalents are financial instruments that are almost as liquid as cash and are popular investments for millionaires. Examples of cash equivalents are money market mutual funds, certificates of deposit, commercial paper and Treasury bills. Some millionaires keep their cash in Treasury bills.

How many people have $3,000,000 in savings? ›

1,821,745 Households in the United States Have Investment Portfolios Worth $3,000,000 or More.

How much cash is too much to keep at home? ›

“Emergency funds should not be held at your home, they should be stored in a high-yield savings account of your choice.” McCarty framed it more in terms of a ratio: “In terms of amount, don't let your cash exceed 10% of your overall emergency fund and/or $10,000.

Which bank gives 8% interest on savings account? ›

DCB bank is now providing savings accounts with the highest interest rate of 8%, and FDs with the highest interest rate, 8%, for regular customers and 8.50% for senior citizens. DCB Bank has revised savings accounts and fixed deposit interest rates for deposits below Rs 2 crore.

Where can I get 6% on my savings? ›

Best 6% interest savings accounts
  • Digital Federal Credit Union (DCU) Primary Savings.
  • Mango Savings™
  • Clearpath Federal Credit Union 12-month CD/IRA.
Jun 1, 2023

What is the safest investment with highest return? ›

High-quality bonds and fixed-indexed annuities are often considered the safest investments with the highest returns. However, there are many different types of bond funds and annuities, each with risks and rewards. For example, government bonds are generally more stable than corporate bonds based on past performance.

Where do you put cash during inflation? ›

What are the best investments to make during inflation?
  1. Real estate. Real estate is almost always an excellent investment and should be at the top of your list. ...
  2. Savings bonds. ...
  3. Stocks. ...
  4. Silver and gold. ...
  5. Commodities. ...
  6. Cryptocurrency.

Where is the best place to keep cash at home? ›

Where to safely keep cash at home. Just like any other piece of paper, cash can get lost, wet or burned. Consider buying a fireproof and waterproof safe for your home. It's also useful for storing other valuables in your home such as jewelry and important personal documents.

Is it safer to keep cash at home or in bank? ›

It's a good idea to keep a small sum of cash at home in case of an emergency. However, the bulk of your savings is better off in a savings account because of the deposit protections and interest-earning opportunities that financial institutions offer.

Which bank gives 7 interest monthly? ›

Equitas Small Finance Banks

Equitas SFB offers 3.50% on balances up to Rs 1 lakh, 5.25% on balances above Rs 1 lakh to 5 lakhs. For above Rs 5 lakh, the bank is offering 7%. These rates are effective from December 14, 2022.As per the website, “Interest will be calculated on the daily closing balance of the account.

What banks have a 5% APY? ›

Summary: Best 5% Interest Savings Accounts
Bank/Credit UnionForbes Advisor RatingLEARN MORE
Varo Savings Account4.3Learn More On Fiona.com's Website
UFB Premier Savings4.1View More
Salem Five Direct eOne Savings3.8Learn More Read Our Full Review
MySavings Direct MySavings Account3.7Learn More Read Our Full Review
1 more row
Jun 3, 2023

What bank is paying highest interest rate? ›

The best high-yield savings account rates
  • CIT Bank - 4.95% APY.
  • Bask Bank - 4.85% APY.
  • UFB Direct - 4.81% APY.
  • TAB Bank - 4.76% APY.
  • Bread Savings - 4.75% APY.
  • CIBC Bank USA - 4.52% APY.
  • PNC Bank - 4.50% APY.
  • Citizens Access - 4.50% APY.

What is the rule of 69? ›

The Rule of 69 is used to estimate the amount of time it will take for an investment to double, assuming continuously compounded interest. The calculation is to divide 69 by the rate of return for an investment and then add 0.35 to the result.

What is rule of 114? ›

The formula to determine the Rule of 114 is, to divide 114 by the interest rate equal to the number of years it will take to triple your money. For instance, if you deploy Rs 1,00,000 into an investment with a 12% annual expected return, then the time to triple is 114/12, or 9.5 years.

What is the rule of 70? ›

The rule of 70 is used to determine the number of years it takes for a variable to double by dividing the number 70 by the variable's growth rate. The rule of 70 is generally used to determine how long it would take for an investment to double given the annual rate of return.

What are the 3 things millionaires do not do? ›

He also identified three money habits that successful self-made millionaires avoid at all costs.
  • They don't have a wallet full of exclusive credit cards. ...
  • They avoid giving large gifts to their children, or supporting them financially as adults. ...
  • They don't spend hours managing their investments.
Nov 24, 2020

What bank do most millionaires use? ›

7 private banks millionaires use
  1. Bank of America Private Bank. Bank of America offers various services to wealthy customers. ...
  2. J.P. Morgan Private Bank. ...
  3. Wells Fargo Private Bank. ...
  4. UBS Wealth Management. ...
  5. Goldman Sachs Private Wealth Management. ...
  6. Citi Private Bank. ...
  7. HSBC Global Private Banking.
6 days ago

How much do I need to live off of interest? ›

So as a general rule, experts recommend counting on needing 70% to 90% of your current expenses. Next, you will have to choose an interest rate. Banks have paid under 1% in recent years, while they used to pay in the high single digits in the early 1990s. If you want to be conservative, you could go with 1% to 3%.

What salary is considered wealthy? ›

Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.

What net worth is considered upper class? ›

You might need $5 million to $10 million to qualify as having a very high net worth while it may take $30 million or more to be considered ultra-high net worth. That's how financial advisors typically view wealth.

How much does the average 70 year old have in savings? ›

How much does the average 70-year-old have in savings? Just shy of $500,000, according to the Federal Reserve. The better question, however, may be whether that's enough for a 70-year-old to live on in retirement so that you can align your budget accordingly.

How do you store cash so it doesn't mold? ›

Keep any paper cash, currency, and valuable paper records locked in a quality, humidity-controlled, fire-resistant safe. If you have valuables such as paper cash or other important/sensitive documents, you absolutely need to invest in a quality safe with UL-rated security and certified fire protection.

How much cash should I stash at home? ›

“We would recommend between $100 to $300 of cash in your wallet, but also having a reserve of $1,000 or so in a safe at home,” Anderson says. Depending on your spending habits, a couple hundred dollars may be more than enough for your daily expenses or not enough.

What is a good amount of cash to keep? ›

A long-standing rule of thumb for emergency funds is to set aside three to six months' worth of expenses. So, if your monthly expenses are $3,000, you'd need an emergency fund of $9,000 to $18,000 following this rule. But it's important to keep in mind that everyone's needs are different.

What banks offer 3% interest? ›

High-yield savings accounts with APYs of 3% (or more)
  • UFB DIRECT: 3.83% APY. Minimum deposit: None. ...
  • Bask Bank: 3.6% APY. Minimum deposit: None. ...
  • Upgrade: 3.5% APY. Minimum deposit: None. ...
  • CIT Bank: 3.25% APY. Minimum deposit: $100. ...
  • LendingClub: 3.25% APY. ...
  • Marcus by Goldman Sachs: 3% APY. ...
  • SoFi: 3% APY. ...
  • Discover: 3% APY.
Nov 15, 2022

Should I take my money out of the bank 2023? ›

Despite the recent uncertainty, experts don't recommend withdrawing cash from your account. Keeping your money in financial institutions rather than in your home is safer, especially when the amount is insured. "It's not a time to pull your money out of the bank," Silver said.

What is the highest 12 month jumbo CD rate? ›

Current Jumbo CD Rates

The best 12-month jumbo CD rates currently hover around 4.80% APY, and the highest jumbo CD rates for five-year terms are around 4.25% APY.

Is there a 5% savings account? ›

The Western Alliance Bank Savings Account offers a 5.05% APY and requires just a $1 minimum deposit to open an account.

What is the $5000 52 week savings plan? ›

With this plan, you start by socking away $20 during the first week. Then during the second week, you save $35. During the third week, it's $45. And each week the amount you save gets progressively bigger.

What are the top 5 savings accounts everyone should have? ›

  • 5 Savings Accounts Everyone Should Have.
  • Emergency Account.
  • Vacation Account.
  • Retirement Account.
  • Freedom Account.
  • Large Purchases Account.
Nov 22, 2022

How can I double my money without risk? ›

5 Ways to Double Your Money
  1. Take Advantage of 401(k) Matching.
  2. Invest in Value and Growth Stocks.
  3. Increase Your Contributions.
  4. Consider Alternative Investments.
  5. Be Patient.
Nov 1, 2022

What is the #1 safest investment? ›

Treasury Bills, Notes and Bonds

U.S. Treasury securities are considered to be about the safest investments on earth. That's because they are backed by the full faith and credit of the U.S. government. Government bonds offer fixed terms and fixed interest rates.

What is the best investment for a retired person? ›

Among the best choices for retirement income are balanced funds that own portfolios of stocks and fixed income, with a strong focus on dividends and interest income. But retirees also opt for fixed income funds that invest exclusively on bonds.

What to do with cash when inflation is high? ›

With a bit of planning, you can ensure that your cash goes a long way and counter the effects of inflation.
  1. Check your interest rates. ...
  2. Consider opening a high yield savings account. ...
  3. Consider a money market account. ...
  4. Keep investing your long-term savings. ...
  5. Explore the bond market. ...
  6. Consider sticking short-term savings into a CD.
Dec 20, 2022

What can you do with cash to avoid inflation? ›

Adding certain asset classes, such as commodities, to a well-diversified portfolio of stocks and bonds can help buffer against inflation. Be cautious about overallocating to cash, but make sure your emergency fund is keeping up with rising costs.

Where is the safest place to keep large amounts of cash? ›

Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Certificates of deposit (CDs) issued by banks and credit unions also carry deposit insurance.

Where is the safest place to stash cash? ›

Here are some low-risk options.
  1. Checking accounts. If you put your savings in a checking account, you'll be able to get to it easily. ...
  2. Savings accounts. ...
  3. Money market accounts. ...
  4. Certificates of deposit. ...
  5. Fixed rate annuities. ...
  6. Series I and EE Savings bonds. ...
  7. Treasury securities. ...
  8. Municipal bonds.
Nov 30, 2022

What is the safest place for money if the government defaults? ›

Gold: The Traditional Safe Haven

“If the debt ceiling is not raised and the government defaults on its debt obligations, investors may turn to gold and other precious metals to protect their wealth.” The largest precious metals ETF is SPDR Gold Shares (GLD), with $60.7 billion in net assets.

Can I keep large amounts of cash at home? ›

Having large amounts of cash is not illegal, but it can easily lead to trouble. Law enforcement officers can seize the cash and try to keep it by filing a forfeiture action, claiming that the cash is proceeds of illegal activity. And criminal charges for the federal crime of “structuring” are becoming more common.

What can I do with large amounts of cash? ›

7 Ways to Use Extra Cash
  1. Fully fund your emergency cash account.
  2. Invest excess cash using a brokerage account.
  3. Increase contributions to a 401(k), 403(b), or IRA.
  4. Consider using the funds to pay the tax on a Roth IRA conversion.
  5. Refinance your mortgage.
  6. Pay off student loans or bad debt.

Can you get a 5% APY? ›

The Western Alliance Bank Savings Account offers a 5.05% APY and requires just a $1 minimum deposit to open an account.

How much is 5% interest on $1000? ›

5% = 0.05 . Then multiply the original amount by the interest rate. $1,000 * 0.05 = $50 . That's it.

How much interest does $10000 earn in a year? ›

Currently, money market funds pay between 4.47% and 4.87% in interest. With that, you can earn between $447 to $487 in interest on $10,000 each year. Certificates of deposit (CDs). CDs are offered by financial institutions for set periods of time.

How much is 5% interest on $5000? ›

(We invest 5000 at time 0.) Next year, he will have 5% more than that. To find our total value at the end of the year, we multiply 5,000 * 1.05 = 5,250. f(1) = 5000(1.05)=5,250.

What banks are paying 3% on savings? ›

High-yield savings accounts with APYs of 3% (or more)
  • UFB DIRECT: 3.83% APY. Minimum deposit: None. ...
  • Bask Bank: 3.6% APY. Minimum deposit: None. ...
  • Upgrade: 3.5% APY. Minimum deposit: None. ...
  • CIT Bank: 3.25% APY. Minimum deposit: $100. ...
  • LendingClub: 3.25% APY. ...
  • Marcus by Goldman Sachs: 3% APY. ...
  • SoFi: 3% APY. ...
  • Discover: 3% APY.
Nov 15, 2022

How much is 3% interest on $5000? ›

For example, if you have $5,000 in an account that has a 3% interest rate, the balance will earn $150 in one year. In three years, the balance will earn $450.

How much will $10,000 be worth in 20 years? ›

With that, you could expect your $10,000 investment to grow to $34,000 in 20 years.

How much will $1000 be worth in 10 years? ›

Answer and Explanation: The future value of $1,000 in 10 years will be $3,105.85.

What bank has the highest interest rate? ›

The best high-yield savings account rates
  • CIT Bank - 4.95% APY.
  • Bask Bank - 4.85% APY.
  • UFB Direct - 4.81% APY.
  • TAB Bank - 4.76% APY.
  • Bread Savings - 4.75% APY.
  • CIBC Bank USA - 4.52% APY.
  • PNC Bank - 4.50% APY.
  • Citizens Access - 4.50% APY.

Which bank gives 7 interest? ›

Jana Small Finance Banks

1 lakh, 7.00% on incremental balances over Rs. 1 lakh and up to Rs.

Which bank pays the most interest on CDs? ›

Best 1-Year CD Rates
  • CFG Bank – 5.42% APY.
  • USAlliance Financial – 5.40% APY.
  • BrioDirect – 5.35% APY.
  • NexBank – 5.35% APY.
  • Evergreen Bank Group – 5.35% APY.
  • Department of Commerce Federal Credit Union – 5.34% APY.
  • TotalDirectBank – 5.33% APY.
  • Popular Direct – 5.30% APY.


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