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The HYSA Teaser Rate Trap, and How to Spot One

24/7 Wall St·12 hours ago·Global·1 min read
Source: 24/7 Wall St

Banks spend real money engineering the number in the largest font, and the fine print is where that investment pays off for them instead of you.

Four specific levers make a savings rate promotion look better than it is, and most savers trigger at least one without realizing it.

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