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How does GE Interest Plus set its rates?

GE Plus rates
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How does GE Interest Plus set its rates?

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Rates are reviewed weekly by the GE Interest Plus Committee and may be reset as often. Rates will always be greater than the most recent seven–day average yield (non-compounded) for taxable money market funds in the United States as published in Money Fund Report (TM) a service of iMoneyNet, Inc. (Formerly IBC’s Money Fund Report).

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