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PrBank Lowers Its Online Savings Rate from 4.75% to 4.60% APY
Feb 4, 2025

Pibank has dropped its online savings rate by 15 basis points.


Fitness Bank Drops Its Online Savings Rate to 4.55% APY
Feb 4, 2025

Fitness Bank has lowered its online savings rate.  The rate is now 4.55% APY for those generating an average of 12,500 steps per day during the prior month.


Peak Bank Slashed Online Savings Rate to 4.35% APY
Feb 4, 2025

Peak Bank has dropped its online savings rate by 40 basis points from 4.75% to 4.35% APY today.


Everbank Lowers Its Performance Savings Rate
Dec 20, 2024

TIAA / Everbank has lowered its performance savings rate from 4.75 to 4.40% APY today.

The rate is no longer among the most competitive online savings rates.

Everbank has a troubling customer service history and has had to toggle between branding itself as TIAA and as Everbank over the last 20 years as both brands are heavily impaired in the market.

 


Bask Bank Lowers Its Online Savings Rate
Dec 20, 2024

Bask Bank has lowered its online savings rate from 4.65% to 4.50% APY.


Brio Direct Lowers Online Savings Rate
Dec 20, 2024

Brio Direct Bank has lowered its online savings rate from 4.85% to 4.71% APY.   

The rate still ranks among the top online savings rates, but Brio Direct has consistently been rated by BestCashCow's users as having the absolute worst customer service of any online bank. 


Bank 5 Connect Slashes Online Savings Rate
Dec 5, 2024

Bank 5 Connect, formerly an online savings rate leader, lowered its online savings rate from 4.95% APY to 4.60% APY today.


Ivy Bank Lowers Online Savings Rate to 4.60% APY
Dec 2, 2024

Ivy Bank today lowered its online savings rate by 40 bps today from 5.00 to 4.60% APY.


Lending Club Bank Lowers Savings Rates
Nov 26, 2024

Lending Club has lowered its savings rates today.  Its LevelUp savings rate was lowered from 5.00% to 4.75% APY, and its online savings rate was lowered from  4.00 to 3.75% APY.

It order to qualify for the LevelUp rate, a depositor must automatically deposit at least $250+ per month into their account.


BMO Alto Lowers Its Online Savings Rate to 4.45% APY
Nov 22, 2024

BMO Alto has lowered its online savings rate by 15 basis points to 4.45% APY this morning.