Is Bank Of The Internet Usa Known To Change Interest Rates After You Sign Up For High Yield Savings?

I’m trying to decide between Bank of the Internet USA and Ally Bank (formerly GMAC).

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One Response to Is Bank Of The Internet Usa Known To Change Interest Rates After You Sign Up For High Yield Savings?

  1. Wayne Z says:
    January 9, 2010 at 6:42 pm

    All banks peg their savings rate to one of the various federal reserve rates. As those rates change, so do the bank rates.