Thursday, August 18, 2011 - 8:23 AM

Internet Checking Rate Drop

Incredible Bank's Internet Checking is down 10 basis points to 1.11% APY (from 1.21%), as of yesterday. Looks like Fed's announcement to maintain current low rates until mid-2013 is starting to result in a new flurry of rate drops - not good news for savers!

Wil183 posts since
Feb 26, 2010
Rep Points: 932

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This post applies to all states.

Quick
Summary

1. Wednesday, October 12, 2011 - 9:45 AM

Notice of a drop in both checking and mm rates this morning:

A Rate that
Packs a Punch

Thank you for choosing Incrediblebank for your banking needs. We wanted to let you know that as of October 12, 2011, our online checking account rate was adjusted to 1.06% APY and our Money Market rate has been adjusted to 1.18% APY. With a rate that still packs a punch, your online account remains a competitive option in the marketplace.

Thanks again for being an Incredible customer!

Sincerely,
Your Incredible Team

CraigPD92 posts since
Jun 12, 2010
Rep Points: 323

2. Wednesday, December 14, 2011 - 3:25 PM

Another cut effective today:

A Rate that
Packs a Punch

Thank you for choosing Incrediblebank for your banking needs. We wanted to let you know that as of December 14, 2011 our rates have been adjusted:

Incredible Checking
$0-$249,999 earns 1.01% APY. Only the portion equal to and above $250,000 earns 0.60% APY.

Incredible Money Market Account
$2,500-$249,999 earns 1.10% APY. Only the portion equal to and above $250,000 earns 0.60% APY.

With a rate that still packs a punch, your online account remains a competitive option in the marketplace.

Thanks again for being an Incredible customer!

Sincerely,
Your Incredible Team

CraigPD92 posts since
Jun 12, 2010
Rep Points: 323