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Total Bank Lowers Online Money Market Rate, And CD Rates Too
Mar 20, 2025

Total Bank lowered its online money market account to 4.47% APY.

The move comes a day after the bank lowered its online CD rates across the board.


CIT Bank Lowers Platinum Savings Rate from 4.30% to 4.10% APY
Mar 20, 2025

CIT has lowered its platinum savings rate to 4.10% APY.

The bank's savings rate, which had been higher than those at most other very highly recognized banks, is now closer to the rates at Synchrony and Marcus.


PiBank Lowers Its Online Savings Rate from 4.75% to 4.60% APY
Feb 4, 2025

Pibank has dropped its online savings rate by 15 basis points.


Fitness Bank Drops Its Online Savings Rate to 4.55% APY
Feb 4, 2025

Fitness Bank has lowered its online savings rate.  The rate is now 4.55% APY for those generating an average of 12,500 steps per day during the prior month.


Peak Bank Slashed Online Savings Rate to 4.35% APY
Feb 4, 2025

Peak Bank has dropped its online savings rate by 40 basis points from 4.75% to 4.35% APY today.


Everbank Lowers Its Performance Savings Rate
Dec 20, 2024

TIAA / Everbank has lowered its performance savings rate from 4.75 to 4.40% APY today.

The rate is no longer among the most competitive online savings rates.

Everbank has a troubling customer service history and has had to toggle between branding itself as TIAA and as Everbank over the last 20 years as both brands are heavily impaired in the market.

 


Bask Bank Lowers Its Online Savings Rate
Dec 20, 2024

Bask Bank has lowered its online savings rate from 4.65% to 4.50% APY.


Brio Direct Lowers Online Savings Rate
Dec 20, 2024

Brio Direct Bank has lowered its online savings rate from 4.85% to 4.71% APY.   

The rate still ranks among the top online savings rates, but Brio Direct has consistently been rated by BestCashCow's users as having the absolute worst customer service of any online bank. 


Bank 5 Connect Slashes Online Savings Rate
Dec 5, 2024

Bank 5 Connect, formerly an online savings rate leader, lowered its online savings rate from 4.95% APY to 4.60% APY today.


Ivy Bank Lowers Online Savings Rate to 4.60% APY
Dec 2, 2024

Ivy Bank today lowered its online savings rate by 40 bps today from 5.00 to 4.60% APY.