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Citi accelerate savings rate went up from 0.6% to 1.01%

Posted on 6/3/22 at 1:26 pm
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
48479 posts
Posted on 6/3/22 at 1:26 pm
Are we finally moving in the right direction?
Posted by skewbs
Member since Apr 2008
2246 posts
Posted on 6/3/22 at 1:29 pm to
quote:

Are we finally moving in the right direction?


Right direction for what? For your savings sitting there getting massacred by inflation?

For anyone with a savings account you knew this was coming. The banks were always going to delay the process to capture rate / interest arbitrage.

But about this being the right direction... that depends on your POV
Posted by Teddy Ruxpin
Member since Oct 2006
41067 posts
Posted on 6/3/22 at 1:36 pm to
My checking account has been at 1.25% for months.
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