Comments on: Banks Celebrate New Year By Lowering Savings Interest Rates http://www.consumerismcommentary.com/2009/01/01/banks-celebrate-new-year-by-lowering-savings-interest-rates/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 20 Mar 2010 15:51:01 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Craighttp://www.consumerismcommentary.com/2009/01/01/banks-celebrate-new-year-by-lowering-savings-interest-rates/#comment-187002 Craig Fri, 02 Jan 2009 20:38:31 +0000 http://www.consumerismcommentary.com/?p=4946#comment-187002 I noticed that with my savings account. I am at Citibank and my interest rates went down and this month I had less than normal which was a surprise. Do you know if this is temporary or I should expect to see this throughout the year. I really just wanted to keep things in savings to have a little big accrue and to be safe, not sure a safe option to put it elsewhere. I noticed that with my savings account. I am at Citibank and my interest rates went down and this month I had less than normal which was a surprise. Do you know if this is temporary or I should expect to see this throughout the year. I really just wanted to keep things in savings to have a little big accrue and to be safe, not sure a safe option to put it elsewhere.

]]> By: thomashttp://www.consumerismcommentary.com/2009/01/01/banks-celebrate-new-year-by-lowering-savings-interest-rates/#comment-186975 thomas Thu, 01 Jan 2009 19:04:34 +0000 http://www.consumerismcommentary.com/?p=4946#comment-186975 Gone are the sweet days of 6%+ savings! It was a nice run while it lasted. Anything lower than 2.5% and cash isn't keeping up with inflation (traditionally). Unless I'm working in the 5 figures, shifting money for less than .5% doesn't seem worth it. Gone are the sweet days of 6%+ savings! It was a nice run while it lasted. Anything lower than 2.5% and cash isn’t keeping up with inflation (traditionally). Unless I’m working in the 5 figures, shifting money for less than .5% doesn’t seem worth it.

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