Wednesday, February 1, 2012 - 7:33 AMUFB Direct
This isn't a good sign. Less than two weeks since UFB Direct slashed its Airline Rewards Savings Account yield from 1.30% to 1.10%, there's another rate cut. It's a smaller rate cut (1.10% to 1.05% APY), but such a short period between cuts is disturbing especially when you consider the 1.30% APY had held for over 5 months. I'll be surprised if this account is still competitive by the end of this year.
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