Truist bank has an array of savings products ... The first is your savings account interest rate. The higher your account’s APY, the more interest your savings will generate.
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As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
The bank offers personal banking ... one of the top 10 largest banks in the U.S. by assets held. Truist savings account interest rates can fluctuate, but a typical rate is 0.01%.