Advertising Disclosure

Popular Posts

  1. Blog
  2. More Savings Account Rate Cuts - UFB Direct, Capital One

More Savings Account Rate Cuts - UFB Direct, Capital One

Comments (5)Post a Comment
POSTED ON BY

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.

Thanks to the readers who've provided rate updates in the finding-the-best-rates post.
Related Pages: savings account

Related Posts

Personal Banking 101: Savings AccountsPersonal Banking 101: Savings Accounts
Strategy for Getting the Best Yields in Deposit AccountsStrategy for Getting the Best Yields in Deposit Accounts
Reviewing the Rate History of Savings AccountsReviewing the Rate History of Savings Accounts
Comments
Sort by Date | Sort by Votes
5 Comments.
trinidon2k
  |     |   Comment #1
Countrywide SavingsLink dropped to 5.25% APY
Reply
1
Anonymous
  |     |   Comment #2
Apple's Grand Yield Direct is down to 4.85% APY.
Reply
1
ShraZZy
  |     |   Comment #3
Grand Yield Direct has been solid since they started. That's just a .05% rate drop. Emigrant Direct looks good too now at 4.65%. I am dissapointed in AmtrustDirect though with 4.60%
Reply
1
larkin
  |     |   Comment #4
Emigrant Direct's Spanish version, Banco Fortuna, is at 5.05%. I believe it has been mentioned here by Banking Guy.

You can click the link in the top right corner to convert the website to English
Reply
1
grobe
  |     |   Comment #5
First Fed Direct dropped from 5.05% to 4.95%
Reply
1

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.