Just a quick note to record that Ally has dropped their online savings rate to 1.9313%, which means an APY of 1.9500%. This is down from a 2.00% APY the last time I checked (sometime last week.) I think they change there rates on Thursdays and hold them until next Thursday, so that would mean the rate dropped on July 9th.
By the way, the “No Penalty CD” is still yielding 2.00% APY.
1 Ally OSA down to 1.8500% APY, No Penalty CD to 1.90% APY | Geographic Independence // 2009.07.21 at 4:30 am
[…] that the yield on their OSA (online savings account) is down to 1.8500%. Combined with my post last week on the same topic, this seems like a rather disconcerting rapid […]