Last week, The Boston Globe wrote the article, "Banks are offering higher interest rates for savings accounts. But you still need to be smart." It says, "For a long time, it hardly seemed worth putting money in the bank. With the country mired in a deep recession a decade ago, the Federal Reserve slashed interest rates to near zero in an attempt to 'stimulate' the economy. In recent years -- amid jobs growth, healthy corporate earnings, and surging stock markets -- the Fed has incrementally raised rates for borrowing. Consumer savings rates, however, have remained stubbornly low. That's starting to change. Risk-averse people who have the means to sock away some cash are now able to earn a decent -- if not exactly generous — guaranteed return from bank savings, money market, and CD accounts. Some banks and credit unions are aggressively competing for their business with a flurry of promotional rates that can be as confusing as they are enticing. How much money you'll make can vary widely, depending on where you put it."