Quick answers online aren’t always accurate — especially when it comes to your money.
Search engines like Google and Bing now display AI-generated summaries at the top of search results. These summaries — sometimes labeled “AI Overview” or marked with a small star icon — aim to provide fast answers. But when it comes to financial topics like interest rates, they often miss the mark.
Recent studies show that up to 37% of AI-generated finance answers are inaccurate. These summaries may pull from outdated articles or misinterpret complex data, leading to confusion about current rates.
If you’ve searched online for interest rates, you might have seen a figure that looked official — but wasn’t. That misinformation can lead to:
- Frustration when rates don’t match what you expected
- Mistrust in financial institutions
- Extra time spent sorting out the facts
Here’s how to stay informed and confident when navigating financial information online:
- Check the source: AI summaries often pull from older content. Look for the publication date or visit the original website.
- Use trusted resources: We update our rates regularly to reflect market conditions. For the most accurate information, visit firstinterstate.com/rates or speak with your local banker.
- Ask questions: If something you saw online doesn’t match what we’ve shared, bring it in. We’re happy to walk through it with you.
These summaries may look helpful, but they’re not always reliable — especially for financial topics. By staying informed and asking questions, you can avoid confusion and make confident financial decisions.
