Rates on Basic Savings Accounts Falling Below Longtime 5% Floor

Basic savings accounts, which had been paying consumers a relatively constant 5% or more since the 1970s, are falling prey to the widespread decline in interest rates.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.