Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

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[–] 3 points 3 years ago (3 children)

Where are you getting 5% interest?!?

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  • [–] 3 points 3 years ago

    Fidelity has a number of funds around 5%. A fidelity brokerage account auto invests in SPAXX, which is 4.96%. SPRXX is 5.02%. These accounts are insured, and the cash is completely liquid, a debit card tied to this account works normally, for example.

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