My Savings Direct, a division of Emigrant Bank, has raised their online savings rate to 2.40%. This is currently the best online savings rate available nationally.
CIT Bank has raised the rate on its Savings Builder account to 2.25%. In order to get this rate, depositors must either (a) maintain a $25,000 account balance, or (b) maintain a $100 balance and deposit at least $100 in each monthly observation period. BestCashCow has rated CIT Bank as a Best Bet for 2019 (read more here).
Citizens Access has raised its online savings rate to 2.25%. Citizens Access has also raised all of its CD rates today. BestCashCow has rated Citizens Access's online savings account as a Best Bet for 2019 (read more here).
Marcus has raised its online savings rate to 2.05%. The rate is available online and has a $1 minimum.
CIT has raised its online savings rate to 2.15% today for accounts over $25,000 or for accounts over $100 so long as you also transfer in $100 each month. Those customers already in CIT money market accounts may be able to convert to this new rate.
Ally Bank has raised its online savings rate to 1.90% on all balances. Those with more than $25,000 to deposit will find Ally's 11-Month No Penalty CD at 2.10% to be more compelling.
Marcus, the online bank owned by Goldman Sachs, has raised all of its online CD rates this morning. While all rates have been raised, their one-year rate is now at 2.55% which is one of the highest online one-year CDs available.
Editor’s Note: Marcus is an advertiser on BestCashCow. Please read our Advertiser Disclosure here.