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Is there a difference between a regular statement savings account and an online high-yield statement savings account?

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The biggest difference between a regular statement savings account and a Quabbin High-Yield statement savings account is the rates. Traditionally, people seeking a savings account had to resort to their local financial institution and settle on low interest rates. But now sites like Quabbin Online Credit Union have made high interest online savings accounts a more desirable way to save.

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