Bask has raised its online savings rate by 20 basis points today.
Ivy Bank, a division of Massachusetts' Cambridge Savings Bank, has raised its online savings rate to 4.50% APY today from 4.25%.
Bask raised its interest savings rate today by 10 basis points to 4.45% APY.
It also raised its 6-month and 12-month CD rates to 4.85% APY and 4.70% APY, respectively.
First Foundation Bank has raised its online savings rate by 30 basis points today, from 4.20% to 4.50% APY.
First Foundation has offered one of the most competitive online savings rates during the current rate cycle, and that continues to be the case with today's action.
Citizens has raised its online savings rate by 25 basis points. It has also raised its 1-year online CD rate to 4.75% APY.
Bask Bank has raised its online savings rate by 10 basis points today.
This product certainly makes sense compared to Ally's savings and money market accounts, both of which are over 1% lower. The 11-Month No Penalty CD offers the same liquidity as those products after 6 days.
Bask Bank's rate had previously stood at 4.15% APY.
Bask Bank also raised its 6-month and 12-month CD rate to 4.45% and 4.55%, respectively.
This move represents a .20% hike from the rate which had stood at 4% since December 8, 2022.
CFG Bank has raised its online money market rate to 4.25% APY. This move places it within 10 basis points of My Savings Direct, the current savings and money market rate leader.