This is what I found on USATODAY.COM:
If you’ve been considering making the jump to an online bank, here’s a reason to do it now: A recent Federal Reserve rate increase may prod banks to give their customers higher interest rates on their savings in 2019.
One man walks us through why he and his wife decided to take the plunge with a high-yield online savings account.
Paul, 33, writes tax regulations for a California government agency. (Due to the sensitive nature of his previous work as a tax collector, he prefers not to publicize his last name.) After selling a rental property in November, he and his wife, Jocelyn, 32, decided to search for a good place to park the proceeds. They decided a high-yield savings account at an online bank would be their best bet for high returns on their money.
Read more at USATODAY.COM.
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