TIMBR was 4.80%, now 4.55%

@atikovi said in Best Nationally Available High APY Liquid Accounts:

@goldsheet said in Best Nationally Available High APY Liquid Accounts:

Not everyone tracks and chases rates like we do.

So what about that, does a lawsuit make? If your nearby Exxon station sells gas for $4, but one a mile down the road sells it for $3.50, can you sue the first one for price gouging?

I think it would be more like opening new pumps (360 Performance) at a lower price in
the back of the same station and not telling the folks in the front (old 360) paying the
higher price when the gasoline is coming from the same underground tanks (Capital One).

@atikovi Lots of folks have got caught in the "new account for a better rate"
while leaving old one out (UFB, Salem Five, CIT, and a few others do this)
Capital One made such a minor change in the name it’s more egregious
than all the others. Not everyone tracks and chases rates like we do.

@mrvietnam My girlfriend had a 360 account, which she never checked,
so my rough calculations indicates she may have lost about $5000
in interest over 4 years based on rates and deposited amount.

FYI “from late 2019 to mid-2024, Capital One lowered and then froze the 360 Savings account rate to just 0.30%, even as rates increased nationwide. In contrast, starting in early 2022, Capital One increased the 360 Performance Savings account rate. In fact, the rate went from 0.40% in April 2022 to 3.30% as of January 2023, and 4.35% as of January 2024”

https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/

Western State Bank was 4.15%, now 4.00%
Sallia Mae Money Market was 4.10%, now 4.00%
Sallia Mae Savings was 4.10%, now 4.00%
Smarty Pig was 4.10%, now 4.00%

MyBankingDirect was 4.55%, now 4.45%
Zynlo was 4.50%, now 4.40%
Primis Savings was 4.70%, now 4.35%
Primis Checking was 4.50%, now 4.20%

Jenius was 4.80%, now 4.50%
Lending Club was 4.75%, now 4.50%
Rising Bank was 4.50%, now 4.40%
Western Alliance was 4.46%, now 4.40%
Upgrade was 4.41%, now 4.14%
Tab was 4.37% , now 4.26%
CIT Savings Connect was 4.20%, now 4.00%
Bank Purely was 4.12%, now 3.90%
IGO was 4.12%, now 3.90%
E*Trade was 4.10%, now 4.00%

Patriot Bank Money Market (5.05%) appears to be no longer available

We wanted to inform you that effective January 3, 2025,
the Pibank Savings Annual Percentage Yield (APY*)
will be updated from 5.00% to 4.75% APY

Betterment was 4.25%, now 4.00%
Wealthfront was 4.25%, now 4.00%