I opened a new savings account this week. Nothing particularly special about that - I just wanted some of my money to earn a bit more interest, certainly compared to where the money was in my current account. But which bank did I go with? Well I guess I was feeling a bit patriotic, because I plumped for Barclays - one of the UK's "big 4" and a British institution (after all, this is the company that only happens to sponsor the Premier League). It's a place that I've never invested any money with before, even when I lived in the UK. But their (US) savings account offered a competitive interest rate, and it appealed more than any of the other banks that I had never heard of with similar accounts. I don't think they have a big presence in the US (26th in a list of largest banks in the US that I saw on Wikipedia), and I don't imagine that's going to change much under the current "America First" administration.
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