Rate Changes at Bank of Internet: Savings Account Rates Down, CD Rates Up

Bank of Internet's savings, money market and checking account rates have fallen by 10 basis points:

• High Yield Savings - 1.30% (was 1.40%)
• Money Market Savings - 1.25% (was 1.35%)
• Advantage Savings - 1.20% (was 1.30%)
• High Interest Checking - 0.81% (was 0.91%)

But the news isn't all bad. CD rates went up. Some notable rate hikes:

• 3 to 5 months Personal CD - 1.10% (was 0.35%)
• 6 to 11 months Personal CD - 1.28% (was 1.00%)
• 12 to 23 months Personal CD - 1.54% (was 1.40%)
• 24 to 35 months Personal CD - 2.00% (was 1.92%)

For details about Bank of Internet, please refer to my Bank of Internet blog post and the Bank of Internet overview.