Marcus has lowered its online savings rate from 1.30% APY to 1.05% APY overnight.
The 7-Month No Penalty CD that BestCashCow had recommended was lowered again to 1.00% APY.
All CDs greater than one year are now 1.10% APY, except the 5-year rate which now stands at 1.15% APY.
Goldman's subsidiary has gone from very competitive to not competitive at all in a very short period.
Every year, Americans collectively lose at least $80 billion in income just by putting their savings in the wrong bank accounts. BestCashCow is the most comprehensive bank rate site on the Internet and our mission is to help you to avoid your share of these losses and to earn and save more. By displaying all of the rates from over 8,000 banks and 7,700 credit unions, we enable you to move your money to more profitable places. You can learn more about the company here.
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Last Update on July 10, 2020
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