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EVERYDAY MONEY"Online Banks Are Lowering Payouts on Savings Accounts. Here's Why — and Where to Find the Best Deals," July 10, 2019
Online Banks Are Lowering Payouts on Savings Accounts. Here's Why — and Where to Find the Best Deals by Kerri Anne Renzulli Last month, the Ally Financial — winner of Money’s 2018 award for best online bank — sent an unusual message to its customers: Interest rates on its popular high-yield savings account would be going down. Shortly afterwards Marcus, Goldman Sachs’s online bank, did the same.
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By MONEYOnline Banks Are Lowering Payouts on Savings Accounts. Here's Why — and Where to Find the Best Deals by Kerri Anne Renzulli Last month, the Ally Financial — winner of Money’s 2018 award for best online bank — sent an unusual message to its customers: Interest rates on its popular high-yield savings account would be going down. Shortly afterwards Marcus, Goldman Sachs’s online bank, did the same.