International High Yield Savings Account Options?
Posted by GiantSandwichGod@reddit | expats | View on Reddit | 6 comments
Hello!
I am a US native planning to move to Sweden by end of next year, is there any high yield savings account options for expats? If so, what are some options and what experience you guys have had?
Thanks!
tidemp@reddit
Have you seen the state of the economy? High yield does not exist in the developed world
Grouchy-Ad3116@reddit
I remember getting 8% interest years ago at our savings and Loan
ziggyz2020@reddit
No savings account is very "high yield" these days, but get a Schwab checking account for the other benefits. It pays some rate of interest
chemosabe@reddit
Seriously. I remember savings accounts which gave 3-4% interest... 30 years ago. These days I have a money market account which gives me 0.3%.. so I'm actually losing money to inflation.
Grouchy-Ad3116@reddit
Right now we are with Fidelity, Getting 03.34 Get with Fidelity, we sat back like you and lost over 100k in interest we could have gotten by switching. Went on Money Forum, you do the same! I was not stupid just ignorant. Please for for your finical good health go to the forum!
chemosabe@reddit
That was five years ago. Nowadays I keep my cash in SWVXX which has about a 3.5% yield at the moment.