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EN
Nearly 2 in 3 Americans say money in their bank accounts not up with inflation, survey says
['Austin Williams']
Latest News | FOX 2
The Brief Nearly 2 in 3 Americans say the money in their bank accounts isn’t keeping up with inflation.
Nearly two-thirds of Americans say their savings aren’t keeping up with inflation, according to a new WalletHub survey.
Big picture view:With inflation outpacing savings, 65% of Americans say their bank accounts aren’t keeping up.
By the numbers:When choosing a bank, fees are the biggest factor, cited by 40% of respondents.
The survey also found that 65% of Americans say they would switch bank accounts for lower fees, and 53% would switch for higher interest rates.
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