More Savings Rate Cuts
The rate cuts enacted by the Fed last week caused almost all savings account rates to fall within the last week or so. Here are the updates:
WTDirect is still the highest paying bank, offering 3.56% APY.
ING fell to 3.00%
HSBC fell to 3.05%
Emigrant Direct fell to 2.75%
Citibank fell to 3.20%
eTrade fell to 3.45%
Zions fell to 3.20%
GMAC fell to 3.00%
You can find these and other rates at Best Savings Rates.