Incredible Bank's money market and checking account rates just fell:
- MMA: 0.86% APY for up to $250K (was 0.91%)
- checking: 0.66% APY for up to $250K (was 0.71%)
This is the fourth rate drop this year. It looks like Incredible Bank is slowly trying to transition out of its rate leader position. So I'm afraid it looks likely we'll see a couple more of these rate cuts this year.