Which bank has these mythical 5% interest savings accounts? I’m pretty sure that for most middle-class people, savings interest isn’t a real thing and can be safely disregarded when making decisions.
If you’re willing to settle for 4%, they’re everywhere now.
Times have changed.
I've gotten a lot of mileage out of NerdWallet over the years. Hope it helps you too.
Vanguard VMFXX - 5.28%
Fidelity SPAXX - 4.97%