Billions Lost in Savings Interest

Savers waiving huge sums each year when large deposits of low-yield savings account. If they all changed broadband savings deposits, CDs, ….

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Billions Lost in Savings Interest
DATA: AMERICAN CONSUMERS LOSE $30-50 BILLION ANNUALLY DUE TO LOW-INTEREST SAVINGS ACCOUNTS
More than $1 Trillion Now Held in Traditional Savings Vehicles; Survey
Reveals Lack of Awareness About Higher-Rate Savings Options
Americans Keep More Than $1 Trillion in Low-Rate Savings Accounts
Savers Lose Tens of Billions of Dollars in Interest Income
Lack of Saver Awareness Helps Explain Huge Low-Rate Deposits
Many High-Rate Savings Options Are Easy to Purchase
About the Data Sources
About CFA and Providian

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