Americans' credit card debt hits a record $1 trillion | CNN Business
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Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

    • dmtalon@infosec.pub
      2·
      1 year ago

      Ally is at 4.25% straight up saving account Vanguard Treasury Money Market VUXSS is at 5.15% right now.

      There are a few online only banks that are above 5% also.

    • snooggums@kbin.social
      1·
      1 year ago

      When you already have a bunch of money you get higher rewards and pay lower interest so your money flows through their balance sheets.