Although Ally Bank’s CD rates remain substantially the same, the rates for the money market account and online savings account have been lowered from 1.09% APY to an even 1.00% APY. Below is an table of all of Ally’s updated rates. Ally Bank CD Rates Duration Rate 3 Month CD 0.54% 6 Month CD 1.00% 9 Month CD 0.95% 12 Month … [Read more...]
2.79% APY with a Rainbow Savings Plan
Wilshire Bank is enticing savers with tantalizing savings rates from 1.77% up to 2.79% APY. The Rainbow Savings plan is a contract where you agree to setup monthly automatic transfers into the Rainbow Savings Account of a predetermined amount and for a predetermined amount of time. According to a CSR (customer service representative) you cannot put a lump sum in the Rainbow Savings Account, you can only make the scheduled monthly deposits. You will earn 0.26% APY more for opening a checking … [Read more...]
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