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Careful with them. They keep you at a high APY for a period of time, then they silently drop your interest rate and create a new "type" of savings account for n
by hellcow 3y ago
Careful with them. They keep you at a high APY for a period of time, then they silently drop your interest rate and create a new "type" of savings account for new customers which offers the proper high rate -- you have to notice they did this, since they deliberately don't alert you. They do this over and over again.
When I saw what they were doing, I withdrew all my money, and they even built a little popup into their mobile app... "Stay and we'll give you the rate we promised you all this time!"
I don't have the time or patience for Comcast-style tactics with my savings account. I moved it into Robinhood Gold and am getting 5%, fully insured, with no stress about them trying to screw me over with an account shell game.
- Covzire 3y agoI'll keep an eye on it, thanks.