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Stick It to Big Banks With This Power Move

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oxfordclub.com

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oxford@mb.oxfordclub.com

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Sat, May 20, 2023 12:31 PM

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One simple move can make you a lot more money... SPECIAL OPPORTUNITIES Note From Senior Managing Edi

One simple move can make you a lot more money... SPECIAL OPPORTUNITIES [The Oxford Club Special Opportunities]( Note From Senior Managing Editor Nicole Labra: If you have any money with the big five banks, LISTEN UP! 👂 Chief Income Strategist Marc Lichtenfeld just published a book called Safe Money Income Secrets. ([Find out how to get your copy here.]( [In the book]( he's compiled all of the strongest income sources in America today, including... - The savings account that pays 133 times more interest than Bank of America’s Platinum Honors Tier (plus, the checking account that pays 40 times more!) - The "risk-free" investment available from the federal government that pays over 200 times more than Chase’s top savings account - The "Magic Code" that can force the big banks to pay you up to 255 times more income than your regular savings account - The simple way to invest in gold and silver... with NO downside! I'd like to send you one of Marc's first copies of [Safe Money Income Secrets]( today. [Just click here and Marc will tell you himself how to get one now.]( --------------------------------------------------------------- Stick It to Big Banks With This Power Move Marc Lichtenfeld, Chief Income Strategist, The Oxford Club [Marc Lichtenfeld] Eager to learn [how to generate more income with your bank account]( You aren't alone. Big banks are royally screwing over millions of Americans. In fact, the five biggest banks - Bank of America (NYSE: BAC), Citigroup (NYSE: C), JPMorgan Chase (NYSE: JPM), U.S. Bancorp (NYSE: USB) and Wells Fargo (NYSE: WFC) - pay an average annual percentage yield (APY) of 0.4%. That's four-tenths of 1%! On a $100,000 deposit, that's just $400 in interest per year. The national average APY is actually a bit lower - a measly 0.37%. At that rate, it would take 27 years for $10,000 to grow to $11,000. That's a paltry 10% increase in value after nearly three decades. In other words, at that rate your savings are rapidly losing value since that's nowhere close to keeping pace with inflation. An analysis by The Wall Street Journal showed that, since 2014, Americans have lost out on $603 BILLION simply by keeping their money in one of these pathetic savings accounts. But thankfully, [there's a seven-minute move you can make to easily generate more money from your bank account](... The 7-Minute Move My co-worker Dave was stuck in a Bank of America Gold Tier savings account. His account paid only 0.02% per year. [Variable Rate Products for Consumer Customers]( His money was just sitting in the bank! So Dave was essentially earning nothing. He approached me about it because he knew he needed to make a switch. He hadn't made the switch yet because he liked having all his money in one place, sitting in his bank. But when he finally made the leap, [he was amazed at how easy it was](... After being online for just seven minutes, he had his money in a new account, producing hundreds of dollars in income. So what did Dave do exactly? He switched his checking and savings accounts - allowing him to get paid more income on the money he has tucked away in a rainy day fund. And [you can easily make this seven-minute move]( as well... Where Can I Put My Money to Earn the Most Interest? Dave put his money into a high-yielding savings account with [LendingClub]( and now he's earning an APY of 4.25% on his entire balance... 213 times more income than he was getting from Bank of America. LendingClub is part of the growing fintech industry. Fintech is short for financial technology and is used to describe new technology that seeks to improve and automate the delivery and use of financial services. Most fintech companies operate virtually... without brick-and-mortar operations. This provides [a huge cost-saving advantage]( which the fintech can pass to customers in the form of better rates, more services and quicker response times. LendingClub started out primarily as a peer-to-peer lending site but has since shifted its focus to personal banking with FDIC-insured checking and savings accounts. Dave chose LendingClub, but he had plenty of options available. And so do you. Tips on How to Make Money With Your Bank Account Besides LendingClub, there are plenty of other options to upgrade your savings account. Here's a list of the top-yielding savings accounts right now (as of May 10). - CIT Bank: 4.85% - Laurel Road: 4.80% - Bask Bank: 4.75% - Citizens: 4.50% - My Banking Direct: 4.38% Is it worth [the seven minutes it takes to look into this to possibly generate an extra $1,000 this year]( Absolutely. I urge you... if you have low-interest savings or checking accounts with one of the big banks, [PLEASE move your money out of that account and into something better](. And here's what I love about LendingClub and similarly minded institutions... They proactively increase your rates. With the big banks, you have to beg to get a higher rate. Now that he's joined LendingClub, Dave automatically gets increases in his rates without ever asking. He recently got a simple email notifying him that his income just went up! Listen... making changes can be tough. But when you think about it... WE'RE the problem. [We allow the big banks to get away with robbing us blind and never raising our rates.]( Trust me, they haven't hesitated to jack up their rates on mortgages to 7%... or on credit cards to more than 20%. They did that the first chance they got. Yet big banks continue to hope nobody notices that they haven't raised their payouts on our savings. So [don't be afraid to move out of the traditional banking system to get a better deal](. I guarantee it'll be easier than you think. You'll have hundreds or thousands more dollars in your account, and you'll wish you had made the move sooner. If you're ready to make the switch, [find all of the details here](. Good investing, Marc P.S. This is a sample of what you can expect from my [Safe Money Income Secrets]( book. Want to learn other simple tips and tricks like this that could help you generate more income? [Click here to start.]( OPPORTUNITIES FROM FRIENDS OF THE CLUB - [Alexander Green Reveals the ONE Stock He's Invested $100K in Right Now. Click Here to Find Out.]( - [Yours Free! Top FIVE Dividend Stocks Right Now]( - [See How to Access the Money Tool Metric Typically Reserved for World's Richest ($10M+ Net Worth)]( SPONSORED [The Big Banks Will Be FURIOUS This Secret Is Out...]( [Cartoon Marc Holding Money]( Financial Insider Reveals "Magic Code" You Can Use to Get Up to 255 Times More Income From the Big Banks. [If You Have a Savings Account, Check This Out Immediately.]( [The Oxford Club] You are receiving this email because you subscribed to Oxford Club Special Opportunities. Oxford Club Special Opportunities is published by The Oxford Club. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Oxford Club Special Opportunities]( | [Unsubscribe]( © 2023 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [1.800.589.3430](#) | International: [+1.443.353.4334](#) | Fax: [1.410.329.1923](#) [Oxfordclub.com]( Your Legal Questions... Answered What is The Oxford Club? The Oxford Club is a financial publisher with a highly rated track record. We deliver unique and well-researched financial and investment ideas to our Members. What do you do? We share our team of experts' industry knowledge and timely insights with our Members so they have the financial literacy and tools needed to build a rich, fulfilling life. We do not provide any personalized financial advice or advocate the purchase or sale of any security or investment for any specific individual. Instead, the information we share is directed toward a larger audience of all subscribed Members. So you'll make me rich? Maybe! But not exactly. Our goal is to provide the research and information required to help you make you rich. Investment markets have inherent risks, and we can't guarantee future profits. Why should I trust you? We offer information based on what we think will provide the most value to our Members. Our business depends on Members' interest in our ideas and satisfaction with their results. We've been around for 30-plus years because our Members have continually chosen to stay with us (many of them for life). Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Should I still consult my investment advisor? Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

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