Below are some of the latest savings account rate cuts since I reported on E*TRADE's rate cut on Tuesday:
- E-LOAN Savings Account: - 3.50% APY (down from 3.75%)
- WTDirect Savings Account: - 4.01% APY (down from 4.15%)
- Grand Yield Direct Savings: - 4.00% APY (down from 4.25%)
- Zions Deseret MMA: - 4.08% APY for $100K+ / 3.87% APY for $1K+ (down from 4.26% / 4.08%)
Also note that it's becoming difficult to find banks offering CD yields over 4% especially for terms over 6 months. For example, the highest CD yield offered by E-LOAN is now only 3.96% APY for a 5-year term.