Most savings accounts follow the Federal funds rate (https://en.wikipedia.org/wiki/Federal_funds_rate) pretty closely. When it's near zero, so will your savings account be. Chances are your credit card APRs dropped a couple percent over the same time, too (https://en.wikipedia.org/wiki/Prime_rate).

Yes, of course, this money isn't the same as that money. I just find the irony hilarious.

Credit card APRs are meaningless to me. I learned the hard way to never hold a balance on them. Yet another financial racket doomed to keep people poor. Those rates are absurd.

When you go to pull your money out and move it to somewhere offering a better deal.

Oh, to be clear, the account is empty. I pulled out long ago. Traditional finance is dead to me. But your comment is great. You're spot on.

Lucky you, mine are < 0. (-.5 % to be precise). That doesn't stop the government here from calculating your taxes based on an imaginary 4.5% gain.

This is exactly why all the hate HN has for the crypto world makes me shake my head. There are people actively working on developing alternatives (DeFi) that while today are not perfect, from a technological perspective generally have the right motivation and direction.

There is absolutely no reason that people should be storing their money in a place that gets to use it however they want and charge you for that too. Never mind the endless printing and excessive taxation. Bankers aren't driving Kia's, but everyone else is.