Synchrony's rate is still well below the leading online banks, including the CIT and Citizens that are already at 3%.
Citizens has raised its online savings rate to 3.00%.
Its CD products now also offer higher yields, with the 1-year offering 3.25% and th 5-year offering 3.45% APY.
First Foundation has raised its online savings rate from 2.75% to 3.10% APY.
The bank has raised its online savings rate from 2.75% to 3.05% APY this morning.
The bank raised its rate from 3.05% to 3.11% APY this morning.
Ivy has raised is online savings rate from 2.70% to 3.10% APY. The bank remains consistently competitive.
Bask Bank has raised its online savings rate from 2.53% to 2.75% in the aftermath of the Fed's move to raise the Fed Funds over 3%.
Citizens has raised its online savings rate to 2.35% APY this morning (was 2.10%).
Bask has raised its online savings rate by 33 BPS on September 12, 2022.
Fitness Bank is offering 2.50% on their online savings account to those who record an average monthly step count of over 12,500 steps (10,000 if over age 65). For those who qualify, the offer currently represents the best nationally available online savings rate. Learn more here.