| ▲ | blackeyeblitzar 3 days ago | ||||||||||||||||
Yes but I don’t perceive them as a “major US bank”. I was expecting that term to mean the largest banks for typical consumers like Bank of America or Wells Fargo or Chase. Everbank is small, and GS is mostly an investment bank rather than a retail bank. | |||||||||||||||||
| ▲ | Dalewyn 2 days ago | parent | next [-] | ||||||||||||||||
US Bank[1] which is the second oldest and fifth largest[2] US bank currently has 3.5% on their Money Market account which is basically an HYSA. [1]: https://www.usbank.com/bank-accounts/savings-accounts/elite-... | |||||||||||||||||
| ▲ | atombender 3 days ago | parent | prev | next [-] | ||||||||||||||||
Marcus, which is GS Bank, is certainly a retail product aimed at consumers. Capital One, Discover, Ally, etc. were offering 4.35% at the peak. Not quite as good, but very decent for a savings account. I don't know where you would draw the line under "major", though. But everyone knows BoA, WF, and Chase are trash when it comes to savings rates. They don't do it. In Europe, HSBC (which is comparable in size to Chase and BoA) has reliably high saving accounts rates. HSBC UK was offering 5% until recently, I believe. | |||||||||||||||||
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| ▲ | JumpCrisscross 2 days ago | parent | prev [-] | ||||||||||||||||
> the largest banks for typical consumers like Bank of America or Wells Fargo or Chase These banks are up front about not competing on rates. | |||||||||||||||||
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