Bask Bank has raised its online savings rate to 4.03% APY this morning. It had previously been at 3.85%.
First Foundation Bank has raised its online savings rate by 40 basis points to 4.00% APY.
The bank has consistently been a rate leader through this cycle and is well reviewed on BestCashCow.
Ivy Bank, the online division of Cambridge Savings Bank, has increased its online savings rate from 3.50% to 3.90% APY today.
Ivy has been consistently competitive since launching in early 2022, and is positively reviewed on BestCashCow and RatesAndInfo.
Citizens has raised its online savings rate by 75 basis points to 3.75% APY.
Citizens' minimum deposit amount is now $1.
Bask Bank has raised its online savings rate from 3.60% to 3.85% APY today.
Among the well recognized online banks, Synchrony is again a rate leader, but lesser known names are paying more on online savings.
Bask has raised its online rate to 3.60%. Its 6-month CD is at 4.00% and its 12-month CD is at 4.10%.
Barclays moved its online savings rate to 3.00% today.
Synchrony raised its online savings rate from 2.75% to 3.00% today. It was raised from 2.40% about a week ago.
Synchrony's rate is still well below the leading online banks, including the CIT and Citizens that are already at 3%.