Planning on getting a high-interest savings account? Here's why now is the best time

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The 2020s has been a turbulent and volatile decade for all of us, despite being us only surviving for three out of the ten years. In 2020, A global pandemic caused a massive crash in the stock market, creating an atmosphere of uncertainty. In 2021, many high-risk, high-return investment assets such as tech stocks and crypto went up to their...

In a volatile decade with investments taking their investors on a rollercoaster and with Inflation steadily rising due to global socio-political turmoil and instability, the best tool to grow your money is a savings account.The 2020s has been a turbulent and volatile decade for all of us, despite being us only surviving for three out of the ten years.

With many people fearing the potential risk of losing money in traditional, and especially risky, investments, and with inflation rates increasing more and more due to supply-side issues from a major war and the pandemic, one might wonder how they can find a way not to lose their savings in the long run?

Luckily, there is a better form of saving account that provides high-yield interest rates by meeting their requirements. This incentives people to stay within the bank's ecosystem, as the bank offers an extra interest boost whenever the account holder utilises the bank services more.

 

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