Sections

  • Watch Live
  • News
  • Weather
  • Crime
  • Mugshots
  • Features
  • Galleries

WCCB

  • WCCB News
  • Rising
  • EDGE
  • Sports
  • Programming
  • Schedule
  • About
  • Jobs

Extras

  • News App
  • Weather App
  • Newsletter
  • Text Club
  • Contests
  • Events
WCCB Charlotte
  • News App
  • Weather App
  • Newsletter
  • Text Club
  • Contests
  • Events
  • Watch Live
  • News
  • Weather
  • Crime
  • Mugshots
  • Features
  • Galleries
  • WCCB News
  • Rising
  • EDGE
  • Sports
  • Programming
  • Schedule
  • About
  • Jobs

Don’t Waste Your Money: Banks Are Low-Balling Your Savings Account

October 26, 2022
Joseph Duncan,

CHARLOTTE, N.C.–Β  It may be hard for you to notice the interest you’re earning on the money in your savings account. Banks are paying out 1% interest or less on those accounts. According to the FDIC, the average savings account still pays less than half of one percent. There are better options if you want your savings to earn you more money. Consumer reporter, John Matarese breaks down how much some online banks are paying in interest.

 

  • Facebook
  • Twitter
  • Pinterest
  • Linkedin




Download the WCCB Charlotte Mobile App

Photos & Videos

7 Day Weekends 2025 7

Next weather maker in sight

Beautiful And Dry Through The Weekend

Beautiful and Dry Through The Weekend

Keep Prowling Podcast Ep 60 16x9

Carolina Panthers Running Out Of Time? | Keep Prowling Podcast

78106576000 0d060098 6d81 4f3c B6c3 3a451d022353

UPDATE: Teen recovering from gunshot wound charged in Midtown parking deck killing

Contests

2657647 2025 Carolinarenaissancefestivaltext2wincontest Fullscreenon Airgraphic 9182025 091625

2025 Carolina Renaissance Festival Text2Win Contest

Most Popular

Hundreds of property owners could be forced to sell their land for NCDOT project

NC NAACP President believes Gov. Stein should not sign Iryna's Law

Pedestrian hit and killed on Gilead Road in Huntersville

Matthews residents concerned about proposed data center

Man charged in Hickory shooting

Facebook

WCCB, Charlotte's CW

𝕏

X Wccbcharlotte Follow 370x70 Formerly Twitter

icons go here

  • Watch Live
  • News
    • Crime
      • Local Crime
      • Mugshots
    • Education / Back To School
    • Politics
    • Fallen Officers Remembered
    • Health
    • Helene Aftermath
    • Local News
    • National News
    • North Carolina News
    • Science & Technology
    • South Carolina News
    • Traffic
    • Weird News
    • World News
  • Photos & Videos
    • Photos
      • Around Town
      • Editor Picks
      • Mugshots
      • Pets
    • Videos
      • Crime
      • News & Politics
      • Viral
  • Entertainment
    • Comedy
    • Movies
    • Music
    • WCCB News Edge
    • Theater & Live Shows
  • Sports
    • Baseball
      • Charlotte Knights
      • Kannapolis Intimidators
    • Basketball
      • Charlotte Hornets
    • College Sports
    • Football
      • Carolina Panthers
    • Golf
    • High School Sports
    • Hockey
      • Charlotte Checkers
      • Carolina Hurricanes
    • Motor Sports
      • NASCAR
    • Soccer
      • Charlotte FC | MLS
      • Charlotte Independence
  • Weather
    • Daily Forecast
    • Interactive Radar
    • Severe Weather Alerts
    • Weather News & Information
  • WCCB News
    • Growing Pains
  • WCCB News Rising
    • Around Town
    • Carolina InSight
    • Do My Job
    • Don’t Waste Your Money
    • Fitness Friday
    • Healthy Headlines
    • Morning Brew
    • Pet Of The Week
    • Rising Cooks!
    • Rising Spotlight
    • Tasty Tuesday
    • Up β€˜n Adam
    • Veterans Day – Honoring All Who Served
    • Weekend Warrior
    • What The Tech?
  • WCCB News Edge
  • Battleground
  • Marketplace
  • Bahakel Sports ❐
  • Bahakel Entertainment ❐
  • Salvation Army Angel Tree πŸŽ„
  • Contests & Quizzes
  • Events Calendar
  • WCCB Digital
  • About WCCB Charlotte
    • Advertise With Us
    • Bahakel Digital ❐
    • Careers
    • Contact Us
    • Channel Info
    • EEO Reports and Outreach Initiatives Reports
    • FCC Applications
    • FCC Public File
    • Internships
    • MeTV
    • Our Team
    • Privacy Policy
    • Terms of Service
    • TV Schedule
    • Programming
    • WCCB Mobile App
    • WCCB Weather App
    • WCCB Charlotte+ CTV App
  • WCCB On Social Media
    • On Facebook
    • On Twitter
    • On Instagram
    • On YouTube
    • WCCB News Rising On Facebook
    • WCCB News Rising On 𝕏
    • WCCB News Edge On 𝕏

© 2025 WCCB Charlotte.

Powered byBLOX Digital