dweezil22 t1_je2q8me wrote
Reply to comment by Flopcandy in [Beginner] In my location, my bank (PNC) has a savings account interest rate of 0.03%. Capital One is 3.4%. American Express is 3.75%. Is there any reason not to switch to one of those? by Flopcandy
> Are all of these banks/CU's safe? Does being FDIC-insured (as all of these are) imply that my money is safe no matter what, as long as its <= 250k?
Yes. That's the point. As long as you keep it in an FDIC insured account (for example, a money market account may not be FDIC insured)
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