167% return on series I savings bonds

Compared to a 26% loss on cash in savings accounts, between 1998 and 2022. If you saved $10,000/year for the last 25 years, your $250,000 savings, after interest and inflation, would have returned: $1.1 trillion was lost in purchasing power of savings accounts in 2022, due

$33 billion in bank fees charged in 2022

The fees paid by US consumers to banks in 2022 were greater than the GDP of 101 out of 193 countries in the World. Compared to 2021, bank fees decreased by 3% to $33B, reflecting 12% decrease in overdraft fees to $7.7B. Total amount (billion) of bank fees collected

6 best high-yield bank accounts in 2022

Interest rates ranged from zero, for 30% of all accounts, to a national average of 0.47% across all banks. The 6 most competitive banks offering the highest yields were: Their combined market share of deposits increased 14% to 5%, compared to 2021. Top Rate vs.'21 % Average Rate

6 no-fee banks in 2022

Best banks for saving money in the last decade

Goldman Sachs, preceded by Capital One and American Express Bank out of the 60 largest financial institutions in the US by deposits, paid the highest annual interest to depositors in the last decade. Due to high inflation and low interest rates offered by the largest banks, depositors lost $3.54