@pbsdigitalstudios: Some customers lost BILLIONS in interest back in 2022 when banks started new high yield savings accounts without informing customers. Two Cents Julia and Philip break down what happened in the “Savings Account Switcheroo” #money #financetips #finances #savings #banks #capitalone

PBS Digital Studios
PBS Digital Studios
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Region: US
Wednesday 23 July 2025 20:39:15 GMT
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beckett67
beckett :
PBS spilling the tea right after they get defunded. This is the info Republicans didn’t want goin to know
2025-07-24 04:37:07
3464
platybussy
E :
Banks don’t have a fiduciary duty to their customers? What the hell do they think a bank is???
2025-07-23 21:24:34
2029
system_31_
system31 :
name and shame these banks
2025-07-24 12:39:31
527
vex_r3
Vex :
Wait, so if banks have no fiduciary, that means every bank technically doesnt owe us anything? Meaning we dont actually have anything?
2025-07-23 21:47:34
443
dinadandy
Dina :
That’s how capitalism works. Unless regulated, private businesses will always push to get away with anything they can to make a dollar. The real failure is on the part of the government for not fining the banks.
2025-07-24 13:16:30
205
lakiayt
Lakia :
a bank... doesn't have a fiduciary responsibility... is one hell of a statement
2025-07-24 17:17:29
319
tamogunchi
getchi :
So trump let them get away w 2 billion… and have tax cuts to the rich..
2025-07-24 13:25:12
107
sashasweder
swederside :
Boomers: Why don’t millennials have a savings? 😒 Millennials: motions to the entire room
2025-07-24 11:48:51
184
wolfgang6782
wolfgang6782 :
Where is Luigi
2025-07-24 12:05:17
56
fruitzdafruit
Teotl :
good to know. paying off my capital one and never using it again.
2025-07-24 11:24:10
64
raythegreatwon
RayTheGreatWon :
Okay but when those 5% accounts are no longer tracking high yields does anyone think the bank is going to keep paying that rate?
2025-07-23 22:51:15
42
userbek6373828
user3269988651072 :
Not me, having a HYSA at capital one, which is def an “old” one 🙂🙂
2025-07-24 05:44:06
39
odiouscharacter
Odious_Alchemy🇺🇲🇺🇦🪖 :
Just a few billion more into the money Trump has cost the public, drops in a swimming pool really.
2025-07-24 12:11:29
25
charlesm82
Charles Mulholland :
This actually makes sense. I think the real problem is people lack financial literacy and the little work ethic it takes to keep up with interest rates lol
2025-07-24 13:52:15
7
marachiband
Bümz🦋 :
What other banks are doing this??
2025-07-24 13:38:50
18
183749274s
Your Name :
this is what the GOP doesnt want people to learb
2025-07-24 03:49:25
34
katieg_jitsu
Katie :
I still monitor accounts its annoying to constantly switch
2025-07-24 11:48:26
17
vsholabomi
Victoria S. :
Capital one. Capital one
2025-07-24 01:46:21
26
iamtylersselfdestruction
James :
Capital one was notorious for this
2025-07-24 05:34:39
23
gravesey21
user5558554255536 :
:( what should we do instead
2025-07-24 01:39:26
5
yousukekobayashi
MPD-Psycho :
….and it’s gone!! 😆
2025-07-24 00:41:08
9
reverierjr
Reverierjr :
What the helly?!
2025-07-24 10:37:31
5
._.lno
LNO :
Damn PBS coming back with a vengeance
2025-07-24 17:34:43
16
nickel4you
Nickel :
what insitutuons want to do with private equity's losses are to bail them out using our 401ks.
2025-07-24 13:17:29
3
marquillo1973
Me :
But are we great yet?
2025-07-24 18:42:36
2
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