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Customers Bank/T-Mobile Bank

djc314726
  |     |   1 posts since 2021

Customers Bank just lowered their interest for savings to .5. T-Mobile uses Customers Bank as their holding company for banking. T-Mobile is currently paying 1%.

Do you think with the recent Customers Bank drop that they will also lower T-Mobiles?

I know they are two different things but think internally they might have a relationship.

Thanks for your feedback.

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5


Answers
Rickny
  |     |   154 posts since 2017
I don't think the intrest rates on the 2 accounts correlate. Even on March 16, 2021 the Ascent Money Market Savings rate went from 0.75% to 0.60%. T Mobile has paid a minimum of 1% since it's inception. But no one can predict the future.
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