A high-yield savings account is a bank account predominantly offered by online financial institutions that pays ten times more than the average interest rate on savings accounts offered by traditional banks. In other words, high-yield savings accounts are generally offered by online financial institutions or banks. The main reason why these banks offer more interest rate on a savings account is that they have lower overhead as compared to credit unions and traditional banks.
Day: May 22, 2021
30 Ways To Make Money Online In India 2021 at home without Investment
Last Updated on 18/11/2021 by Info idea In April 2020, India recorded its highest ever unemployment rate with 23.52 percent because of the ongoing Covid-19 pandemic. After the country went into complete lockdown since March 2020, all industries, offices, hotels, restaurants, shopping malls, theatres, vehicle dealerships in India were forced to stop their operations till they were notified by the government of India. This led to the business organizations to cut their losses by eliminating a huge margin of their workforce. Because of this decision many people from around the…