Ask a Fool: I Want to Make Money on My Emergency Stash

In the following video, Motley Fool senior editor Dayana Yochim takes a question from a Fool reader, who asks, "What should people do with their emergency funds given the interest rates that are lower than inflation?"

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  • Report this Comment On April 17, 2013, at 6:34 PM, TMFBlacknGold wrote:

    It doesn't beat inflation, but you can still find significantly better yields in online banks such as Ally than in traditional brick-and-mortar banks. Ally's online savings account yields a beastly 0.84%!

    That's 84x the interest rates of Wells Fargo, BofA, Chase, and PNC.

    --Maxxwell

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