How to earn more interest on your savings account

SALT LAKE CITY — The Federal Reserve recently raised interest rates for the second time this year, and that’s on top of seven rate increases last year. Those increases have boosted the rates our money earns us as it sits in our bank accounts, but not all increases on savings rates are equal. Every time the Fed ticks up its benchmark interest rate, the interest we pay on loans and credit cards increases. So does the rate banks pay us to hold onto our money. “Not as fast as you might think,” said Ken Tumin, senior industry analyst with LendingTree.…