Sallie has lowered is online money market rate by 10 basis points again.
Barclays is now a leader in lowering rates.
CFG has lowered its online savings rate by 5 basis points which is just enough so that it is no longer the highest nationally-available online savings rate in the country.
The bank had offered the highest nationally available online savings rate at 0.75% until today.
Citizens Access is lowering its online savings rate tomorrow to 0.40% from 0.50% APY.
The rate was lowered from 0.70% APY on Friday, December 18.
Amex has lowered its OSA rate from 0.60% to 0.50% APY this morning.
This bank is no longer offering the best online savings rate in the country.
Ally's OSA rate keeps falling.
CIBC, the Canadian bank that is trying to compete in the US online market, has dropped its online savings rate from 0.62% to 0.52%.
They have also dropped their 12-month CD rate to 0.50%.