ilmscore | Savings Account Interest Rates Predictions
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Accuracy

Recent Predictions

Total: 5
Correct: 1
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Traditional and even high-yield savings accounts offer interest rates that are typically lower than inflation, resulting in a loss of purchasing power for savings.
"Because if you have $10,000 in the bank and your bank is paying you next to nothing, because most ba..."
Jan 9, 2026
Pending
Interest rates on savings accounts and Certificates of Deposit (CDs) are predicted to decrease as the Federal Reserve lowers its benchmark rates.
"As the Federal Reserve lowers rates, this means that interest rates on savings accounts and CDs are ..."
Aug 25, 2025
Correct
When the Federal Reserve cuts interest rates, interest rates on savings accounts (including high yield) and CDs are expected to decrease.
"So now if you were to put your money in the bank, whether it's in a high yield savings account, a re..."
Aug 24, 2024
Pending
Moving savings to an online bank can yield a higher interest rate compared to traditional banks due to lower overhead costs.
"second I want you to consider moving your savings account to an online bank that pays you a higher i..."
Jun 16, 2024
Pending
Interest rates on savings accounts are expected to increase further.
"most likely these amounts are going even higher"
Jul 27, 2022
Pending