I'm afraid the cuts continue. UFB Direct cut the yield on its Absolute Savings account from 5.22% to 5.12% APY (see my review for account details). Capital One cut rates on its Costco money market account (4.30% APY, was 4.55%) and its High Yield Money Market account (4.00% APY, was 4.30%).
I've recently noticed Capital One started an Online Savings Account that pays a higher rate than the HYMM. I noticed it a few days ago when the top yield was 4.50% APY. It's now 4.25% APY. The top yield is only for balances of over $10,000. Balances below this earn 3.75% APY. Unlike the HYMM, there are no checks. Deposits and withdrawals are intended to be made with ACH transfers.
The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.