Saturday, February 2, 2013 - 4:38 AMIncommons Bank
The rate reduction took effect as of Feb. 1. No other change in the terms of the account, still a $10K balance cap and 10 monthly POS required with their MasterCard debit card.
The only notice I saw was a brief paragraph at the very end of my end of January monthly paper statement accessed online. But I see they updated their Kasasa account website info/rates as of Feb. 1 as well.
But basically absolutely no prior/advance notice of the rate cut, as far as I could tell. And their monthly qualification cycle begins at the beginning of each month, which was simultaneous with them announcing the change.
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Jan 8, 2011
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