Tuesday, March 9, 2010 - 2:34 PM

iGObanking.com Savings Account Yield Falls to 1.21%

iGObanking.com just cut its online savings account yield from 1.31% to 1.21% APY. CD rates were also cut. Refer to my iGObanking.com review for the rate history and other account details.

All internet savings account rates seem to be headed towards one percent.

KenBDG3,626 posts since
Nov 29, 2009
Rep Points: 103,235

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1. Tuesday, March 9, 2010 - 9:35 PM

Again with the negative waves.

You must work for one of the major banks with all this negativity.

Then the only place for them to go is UP.

There are over 60 savings accounts with greater then a 1.00% rate on YOUR web site. I'm sure lots more that you don't know about or report on.

Anonymous963 posts since
May 9, 2010
Rep Points: 1,791

2. Thursday, March 11, 2010 - 7:25 PM

I would agree that the rate list is not complete and thorough, however, the rate drops does not necessarily mean that the poster works for a big bank. He is reporting a FACT. Whether that FACT helps or hurts a bank's bottom line is irrelevant.

Anonymous963 posts since
May 9, 2010
Rep Points: 1,791