Savings Rate news and trends

Emergency Expenses Threaten Consumers as Savings Rates Decline
Consumer Finance // December 15, 2022

Meeting short-term and long-term goals is proving onerous as savings rates decline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

U.S. Consumers Spending More, Saving Less
Consumer Finance // January 30, 2018

The wealth effect is in full force, it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Consumers’ Spending Blows Past September Estimates
Consumer Insights // October 31, 2017

U.S. consumer spending saw its largest increase in more than eight years in September, buoyed by the replacement of flood-damaged vehicles in Texas and Florida, according to a Monday (Oct. 30) Reuters report. Get the Full Story Complete the form to unlock this article and...

New Digital Bank Launches To … Encourage Saving
Digital Banking // February 24, 2017

PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering is in direct response to a U.S. savings rate of only 5.4 percent. Get the Full Story Complete the form...

Interviews & Exclusives
Bank Customers Want Advice on Best Way to Use Credit

January 30, 2023
Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Quick Reads
U.S. Consumers Spending More, Saving Less

January 30, 2018
The wealth effect is in full force, it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to […]

New Digital Bank Launches To … Encourage Saving

February 24, 2017
PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering is in direct response to...