New Bank Offers

Milli Bank Now Offering 5.25% Savings Through Its Mobile Only Platform
Jul 7, 2023

Milli Bank, a new division of First National Bank of Omaha, is now offering 5.25% to those willing to bank through a mobile app.


Discover Bank Raises Its Online Savings Account Rate to 4.15% APY
Jun 22, 2023

Discover has raised its OSA to 4.15% APY this morning from 4.00%.


Fitness Bank Raises Top Tier Savings Rate to 4.50% APY
Jun 1, 2023

Fitness Bank has raised its online savings rate to 4.50% this morning.

To get the top rate, users must record a daily average of 12,000 steps (10,000 if over 65).


CFG Bank Raises 1-Yr and 18-Month CDs to 5.25% APY But Products Carry an 180 Day EWP
May 11, 2023

CFG Bank has raised its 1-year and 18-month CDs to 5.25% APY today.   The rate had previously been 5.17%.

This rate now tops the respective tables.

Depositors should be aware that these products carry 180-day Early Withdrawal Penalties which would be a heavy price to pay should you need to terminate the CD before maturity.


Valley Direct raises online savings rate to 4.50% APY
May 11, 2023

Valley Direct has raised its online savings rate from 4.20% to 4.50% APY today.

Valley had been very competitive as interest rates rose, and this last move comes surprisingly late, with the bank now trailing the last year's most consistent rate leaders (First Foundation Bank, Bask Bank, Ivy Bank and CIT).

Compare online savings rates here.  

 

 


Citizens Raises Online Savings to 4.50% and 1-Year CDs to 5.00%
May 2, 2023

Among the handful of most recognized online banks, Citizens now leads in both online savings and one-year CDs.

Compare online savings rates here.

Compare one-year CD rates here.


Fitness Bank's Online Savings Rate is Now 4.40% for those registering 12,500 Steps
Apr 29, 2023

Fitness Bank has increased its online savings rate by 5 basis points, for those registering the average daily steps required per month (12,500 or 10,000 if over 65).

If you also have a checking account and meet applicable transfer requirements for that account, your rate will be 4.65%.


Bask Raises Its Online Interest Savings Account by 10 basis points to 4.75% APY
Apr 27, 2023

Bask has raised its interest savings account to 4.75% APY.

Even for those valuing American Airlines miles highly, this rate is more superior to earning 2 AA miles per dollar per year in its mileage savings account.


Barclays Raises Online Savings Rate to 4.00% APY, Lowers Some CD Rates
Apr 27, 2023

Barclays raised its savings rate to 4.00% APY from 3.80%.   Barclays has been later to raise its rates over the last year than just about any other online bank, and it is arriving at 4.00% after Citizens, Synchrony and CIT.

Barclays also has lowered its 12-month CD from 5.00% to 4.90% APY.  Barclays does not currently have any CD offerings above 5%.

 


Ivy Bank's Online Savings Rate is Now 4.80% APY
Apr 25, 2023

Ivy Bank has increased its online savings rate to 4.80% APY, up from 4.50%.