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Don’t Let Interest Rate Cuts Slow Your Savings — Do This Instead

Shane Murphy
Apr 30, 2020
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If you want your savings to grow over time, you need to stash them in an account with a high interest rate.

However, the Federal Reserve has already cut rates twice this year in response to the coronavirus pandemic, and now they’re close to zero.

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Zero interest equals zero growth.

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That’s right, cash back without a credit card. You don’t see that every day.

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The bottom line

Times are tough for everyone right now, and we could all use a savings boost.

So sign up for a Spend & Save account today, and start earning better interest and cash back when you shop.

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Shane Murphy Owned Audience Manager

Shane is a reporter for Moneywise. He holds a bachelor’s degree in English Language & Literature from Western University and is a graduate of the Algonquin College Scriptwriting program.

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