It’s rare to find a financial institution nowadays, that pays an interest rate for anyone to get excited over. While traditional banks continue to pay little to nothing, and online banks seem to be the new favorite with rates a little over 2% (Barclays, Ally, Synchrony Bank), I was lucky to find a credit union that pays a whopping 6%!
Digital Credit Union offers a Primary Savings Account to its members, and pays 6% on the first $1,000 and 0.25% on balances over $1,000. The minimum balance to earn interest is only $5! That’s not bad. This is a great account for those who are just starting to save, or working on building an emergency fund. Please feel free to check out Digital Credit Union, and learn how to become a member today, and start earning!
If you earn a great interest rate at your financial institution, please share in the comments below, so that other readers can check them out!