New Bank Offers

Dollar Savings Direct Lowers Online Savings Rate From 0.55% to 0.50% APY
Nov 11, 2020

A nice move from an online bank that was the rate leader until earlier this year.

CIBC Agility Savings is Lowered from 0.70% to 0.62% APY
Nov 2, 2020

Synchrony Lowers Everything Again
Oct 27, 2020

Synchrony has lowered its online savings rates by 5 bps to 0.60% APY.

It has also adjsuted most of its CD rates lower.

Salem Five Direct Lowers EOne Online Savings Rate to 0.61% APY
Oct 27, 2020

Salem Five has lowered their online savings rate from 0.80% to 0.61% APY today.

TAB Drops Online Savings Rate from 0.90 to 0.65% APY
Oct 20, 2020

TAB is the latest bank to drop its savings rate.

First Foundation Bank Lowers Online Savings Rate to 0.75% APY
Oct 20, 2020

First Foundation Bank has lowered its online savings rate from 1.00% APY to 0.75% APY today.

Barclays Lowers Online Savings Rate from 0.60% to 0.50% APY
Oct 16, 2020

The British bank is a leader down, not up, in US online savings rates.

Capital One 360 Savings Rate Drops to 0.50% APY
Oct 1, 2020

Capital One has dropped their savings rate to 0.50% APY from 0.65% APY.   This is a dramatic fall for a product that was offered at 1.50% APY at the beginning of the summer.

Synchrony Lowers Online Savings Rate Again
Sep 30, 2020

Synchrony has lowered its online savings rates from 0.75% APY to 0.65% APY overnight.

Purepoint Lowers Savings Rate to 0.40% APY: CD rates even lower
Sep 26, 2020

Purepoint was the most competitive online bank when they entered the market two years ago with great savings, CD and No Penalty CD rates.   Now the savings rate is 0.40% APY and CD rates are no higher than 0.25% APY.   If you are still attacted to the No Penalty CD product, you can get 0.15% APY on a 11-month or 0.10% APY on a 13 or 14-month product.