With interest rates so horrendously low right now, this headline should have got your attention. I cannot seem to find any savings accounts that are yielding more than .85% APY. That is until I read a USA Today article today on 1.25% and 1.00% interest rates. I am debating whether I should enroll in one or both of these accounts to add a few more dollars to my monthly interest earnings.
Here are the two banks:
1.25% - TIAA Direct
1.00% - BarClays
What should I do? Would you take the time to add .15% or .45% more yield to your regular savings accounts?