Marcus has raised its 13-Month No Penalty CD rate to 2.25% APY. Since the rate is 20 basis points above Marcus's online savings rate and the account may be closed at any point after one week without penalty, this product offers an easy way to boost your savings rate.
Purepoint has raised their one-year CD rate to 2.80% from 2.60% today. The rate requires a minimum deposit of $10,000, and is still below the best online one-year CDs. Purepoint's one-year CDs have a 181-day early withdrawal penalty which is higher than that on one-year CDs from Barclays Bank Delaware, Ally Bank, Live Oak and others.
My Savings Direct, a division of Emigrant Bank, has raised their online savings rate to 2.40%. This is currently the best online savings rate available nationally.
CIT Bank has raised the rate on its Savings Builder account to 2.25%. In order to get this rate, depositors must either (a) maintain a $25,000 account balance, or (b) maintain a $100 balance and deposit at least $100 in each monthly observation period. BestCashCow has rated CIT Bank as a Best Bet for 2019 (read more here).
Citizens Access has raised its online savings rate to 2.25%. Citizens Access has also raised all of its CD rates today. BestCashCow has rated Citizens Access's online savings account as a Best Bet for 2019 (read more here).
Marcus has raised its online savings rate to 2.05%. The rate is available online and has a $1 minimum.
CIT has raised its online savings rate to 2.15% today for accounts over $25,000 or for accounts over $100 so long as you also transfer in $100 each month. Those customers already in CIT money market accounts may be able to convert to this new rate.
Ally Bank has raised its online savings rate to 1.90% on all balances. Those with more than $25,000 to deposit will find Ally's 11-Month No Penalty CD at 2.10% to be more compelling.