| ▲ | bigbadfeline 2 hours ago | |
The bulk of deposits in those banks don't come from individual retail and thus the individual's got no sticking power. Citibank interest rate on savings accounts is less than 1%, more like 0.1%, and there are account fees too. They're telling you load and clear "We don't want your money" - you can't argue with that empirical evidence, straight from the horse's mouth. | ||