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Report: #1517307

Complaint Review: American Banks steel interest from their citizens -

  • Submitted:
  • Updated:
  • Reported By: John — Pittsburgh United States
  • Author Confirmed What's this?
  • Why?
  • American Banks steel interest from their citizens United States

American Banks steel interest from their citizens, Stealing interest rates from American citizens savings account; they require you to deposit $15,000 or more to get any decent interest,

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All around the world Banks pay their citizens somewhat of a decent interest Rates, back in 1970 I earned 14.95% interest on my savings account and what American Banks are paying American citizens now is an insult. They only pay you 0.06% and they will lend out your hard-earned money out up to 25% interest on loans and everything else through the Bank knowingly not paying you a fair share on your money that is making the banks mega money, (this is a criminal) and it needs to be stopped.

Russia and China case decent interest compared to the American banking system who only drops the American citizens.... Invest your money in those countries? Where they will pay you a decent amount of interest compared to the corrupt American banking system.

Russia does not steal interest from their citizens like America does, Deposit Interest Rate in Russia averaged 8.02 percent from 1995 until 2022, reaching an all time high of 101.96 percent in December of 1995 and a record low of 3.21 percent in February of 2021.

https://tradingeconomics.com › russia





Deposit Interest Rate in Russia - February 2022 Data - Trading ...

According to the FDIC, the national average interest rate on savings accounts stands at 0.06% APY.Mar 11, 2022

https://smartasset.com › average-savi...

What Is the Average Interest Rate for Savings Accounts? - SmartAsset

 

This report was posted on Ripoff Report on 03/31/2022 06:35 AM and is a permanent record located here: https://www.ripoffreport.com/report/american-banks-steel-interest/stealing-rates-savings-decent-1517307. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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