New Bank Offers

Ally increases its online savings rate from 2.00% to 2.20%
Jan 17, 2019

Those with over $25,000 at Ally may find its 11-Month No Penalty CD to be more attractive and that rate remains at 2.30%.


Citizens Access Raises Savings Rate to 2.35%
Jan 14, 2019

Citizens Access has raised it savings rate to 2.35%.

It has also increased its one-year CD rate to 2.85%.

Both rates are among the most competitive listed on BestCashCow.

 


Live Oak Raises Online Savings Rate from 2.10% to 2.25%
Jan 9, 2019

Live Oak Bank has raised its online savins rate to 2.25%.


HSBC Direct raises online savings to 2.22% APY
Jan 7, 2019
HSBC Direct raises online savings to 2.22% APY from 2.05%.
HSBC Direct Savings can only be opened online. ATM/Debit card is not available for this product.
Balances for an HSBC Direct Savings account are accurate as of 1/7/2019: 2.22% APY on balances of less than $15,000, 2.22% APY $15,000 or more but less than $50,000, 2.22% APY $50,000 or more but less than $100,000 and 2.22% APY $100,000 or more. APYs are variable and subject to change after opening. Charges and fees may reduce earnings. Account is not available to business customers.

Learn more here.

 


Ablebanking drops all of its CD rates
Jan 5, 2019

Ablebanking, a division of North East Bank, has dropped its one-year CD rate from 2.90% to 2.60%, its two-year CD rate from 3.20% to 2.65%, its three-year from 3.30% to 2.75% and its four-year from 3.40% to 2.80%.  It is a surprise to see a bank lowering any CD offerings in the current environment, but they have probably done you a favor: Ablebanking's review on this website have been awful.


Marcus Raises No Penalty CD Rate to 2.35% APY and Online Savings Rate to 2.25%
Jan 4, 2019

Today, Marcus raised its 13-month No Penalty CD rate by 10 bps to 2.35% and its online savings rate by 20 bps to 2.25%.


Purepoint MUFG Union Raises Online Savings Rate to 2.35%
Jan 4, 2019

Purepoint has raised its online savings rate to 2.35%.   BestCashCow has received reports that customers of Union Bank in California are being offered bumps on this of 10 to 15 bps.


CIT Raises Savings Builder Rate to 2.45%
Jan 3, 2019

CIT Bank has raised its Savings Builder rate to 2.45%.   The Savings Builder account requires either a $25,000 minimum deposit, but can also be opened with as little as $100 with the rate extended each month that you add over $100 to the account each month.


Barclays Increases Online Savings Rate to 2.20%
Dec 27, 2018

Barclays has increased its online savings rate to 2.20%, matching Synchrony's move yesterday.   Barclays remains beneath the most competitive online banks.


Sallie Mae Raises its Online 1-Year CD Rate to 2.85%
Dec 26, 2018

Sallie Mae Bank has raised its 1-year online CD rate to 2.85%.   Their CDs have a $2,500 minimum and have a 3-month early withdrawal penalty should you need to withdraw your money before maturity.