Ally Bank has raised its online savings rate to 1.75%. The complete list of the best savings and money market rates is here. Ally Bank has also raised some of its CD offerings, including its 2-year and 4-year "Raise Your Rate" CDs to 2.50% on balances over $25,000. Ally's new rate on its 11-month no penalty CD is now 1.85% on balances over $25,000. All of Ally's rates are listed here.
Northern Bank Direct had offered a 2.26% online money market rate until this morning. They lowered the rate to 1.51%. (Those who opened at the 2.26% shouldn't fret, the rate was guaranteed for a year.) This underscores the point that rates can go up and down and that great deals can disappear at any moment. Check the best savings rates here and the best CD rates here.
BBVA has raised their online savings rate to 1.70%. Learn more here.
Synchrony Bank has raised their online savings rate to 1.75%.
PENTAGON raises again their CD rates :
48 Month CD to 2.60% APY from 2.48%
36 Month CD to 2.50% APY from 2.43%
6 Month CD to 1.85% APY from 1.75%
60Month CD to 3.00% APY from 2.74%
24 Month CD to 2.40% APY from 2.33%
15 Month CD to 2.30% APY from 2.17% and
12 Month CD to 2.25% APY from 2.12% .
$1,000 minimum amount to open. A penalty will be imposed for early withdrawal. This will reduce earnings on the account.
Purepoint has raised their savings and CD rates. Complete details on the bank are available here.
Sallie Mae has raised their online money market rate from 1.65% to 1.75%. See all of the best online money market and savings rates here.
Capital One 360 has raised its CD rates. You'll find all current Capital One 360 CD rates here.