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Wednesday, March 13, 2013 - 10:08 AM

Rate Change Effective April 10, 2013

Patriot Bank (0 stars) - Details
Just got this email:

 

Effective April 10, 2013, your Revolutionary Checking Account will earn 0.76% APY* on balances up to $10,000 and 0.35% APY* on balances $10,000.01 and over, as long as account requirements are met during the qualification cycle. If requirements are not met, you will still earn 0.05% APY* on all balances.

 

Pretty lousy by now, the rate AND the max balance - another one to bite the dust...
3
darkdreamer4udarkdreamer4u168 posts since
Jun 11, 2010
Rep Points: 598
This post applies to the following states: FL.
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1. Wednesday, March 13, 2013 - 11:54 AM
From (1.51%, $10K).  Pretty revolutionary drop.

At least they let you know in advance.
3
51hh51hh1,036 posts since
Jan 16, 2010
Rep Points: 4,745
2. Wednesday, March 13, 2013 - 12:18 PM
Just got this email:

Effective April 10, 2013, your Revolutionary Checking Account will earn 0.76% APY* on balances up to $10,000 and 0.35% APY* on balances $10,000.01 and over, as long as account requirements are met during the qualification cycle. If requirements are not met, you will still earn 0.05% APY* on all balances.

Pretty lousy by now, the rate AND the max balance - another one to bite the dust...
 

I'm surprised it hadn't bit the dust a while ago. At least they had the curtesy to email you with the rate drop.
2
dunkerdunker130 posts since
Jun 11, 2010
Rep Points: 383
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