The online Savings accounts that lured customers with high interest rates just a few years ago have cut their rates sharply, some are paying less than traditional ones.
Here are the current interest rates,
Bank | Account | Yield |
Discover Bank | Savings | 1.2% |
Discover Bank | Savings | 1.2% |
Flagstar Direct | Money Market | 1.1 |
NationWide Bank | Money MArket | 1.04 |
Ally Bank | Savings | 1.0 |
[via Wall Street Journal]