Online Banks Raising Rates Across the Board

Something’s up, my last post disappeared. Anyways, I’ll check on it later. Quickly, some banks raised rates recently on their accounts (others too, but I only have accounts at these three):

Capital One 360: now at 0.75% APY
Emigrant Direct: now at 3.50% APY
Virtual Bank: now at 3.25% APY

Previously: Presidential Bank Premier Savings at 3.75% APY. (This is where most of my cash is, but please note that it is not a “no-minimum no-fees” savings account.)

Comments

  1. fellow saver says:

    that APY for Premier Savings looks good, but if you have over $35,000 you only get 2.5% not 3.75%

  2. fellow saver says:

    sorry, noticed from other posts you knew this and spilt the funds, but that is annoying knowing they charge borrowers 6+% on mortgages when getting $100,000+ loans

  3. that’s why you don’t borrow from Prez. Lend high, borrow low. ;)

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