Friday, September 24, 2021

PayPal High-Yield Savings Account Coming Soon

PayPal app
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Savers starved for bigger returns soon will have the option of parking their money in a high-yield PayPal savings account. The venture — PayPal Savings — will be part of the new PayPal app. Synchrony Bank will offer the savings account, which tentatively is planned to start with a 0.40% annual percentage yield (APY). There will be no minimum balance or monthly fees attached to the account...



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