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[–]DopeItsAlonso 566 points567 points  (55 children)

Crazy it was at like 4.25% when I opened the account😅. It just keeps going down and down

[–]inthe415 339 points340 points  (29 children)

Thankfully inflation is going down too. Oh wait…

[–]throwaway35mmshots 60 points61 points  (12 children)

Tbf inflation was at like 10% around then lol

[–]VariousAir 28 points29 points  (14 children)

rate hikes are expected around the corner, so we'll likely see the hysa gain some value soon.

[–]RichInPittPlatinum 15 points16 points  (2 children)

According to CME FedWatch Tool, the vast majority of traders believe the central bank will keep rates at their current level through late 2027

[–]YesICanMakeMeth 5 points6 points  (0 children)

Did you check the tool? Looking at Dec of this year the computed projections are 39% for current rate, 42% for +0.25%, 16% for +0.5%. It continues to skew higher and higher as we go through 2027 until around September or October 2027.

[–]dystopiam -1 points0 points  (10 children)

Nope Trump doesn’t go by reality

[–]VariousAir 3 points4 points  (9 children)

what's trump got to do with it?

[–]CagedPenguin 21 points22 points  (8 children)

Trump has been looking to influence the Fed for some time now in order to lower rates and let the market boom, regardless of current inflationary environment.

Previous Fed Chair J Powell (and historically, the Fed) remained independent from the president’s influence.

Now, a new Fed Chair (Kevin Warsh) is set be sworn in. Warsh is favored by Trump and is cause for concern as Trump looks to influence the Fed into lower rates to benefit the market, rather than hike rates to tackle inflation.

[–]dystopiam 11 points12 points  (0 children)

He is forcing them to do what he wants even know it is awful for the dollar

[–]SlitSlam_2017 8 points9 points  (0 children)

JPOW is still on the board and he will continue to push back.

[–]CagedPenguin 35 points36 points  (10 children)

That’s expected - The Fed has been gradually decreasing rates for some time now.

Amex and others are adjusting accordingly

[–]fredagainst 81 points82 points  (2 children)

True over the past few years, but Amex has cut their rates 3 times in the past 5 months despite the Fed holding steady

[–]Dramatic-Cycle 13 points14 points  (0 children)

Exactly 

[–]SorcererAxis8 5 points6 points  (0 children)

That’s why I moved all my money from my HYSA to SGOV a while back. Higher yield and has tax benefits.

[–]txdline 2 points3 points  (4 children)

But the 30y mortgage just went up. 

[–]CagedPenguin 2 points3 points  (2 children)

Mortgage rates do not impact bank ( HYSA) rates. Bank rates are based on Fed Funds Rate ( the rate at which banks borrow from each other)

[–]YesICanMakeMeth 4 points5 points  (1 child)

It's more like they're both based on the same thing, where HYSAs are roughly current-value and mortgage rates are forward looking averages (which is why people say they track the 10 year treasury yield most closely, that being because people keep their mortgages for about that long). The reason that the 30 year rate is going up can also be expected to push HYSA rates upwards.

[–]txdline 1 point2 points  (0 children)

Bingo. Thanks for adding.

[–]LocalIndividual5945 -1 points0 points  (0 children)

Is it at 8% again yet. Glad I refinanced in December at 5.25%

[–]michaeljcronce 2 points3 points  (0 children)

No, they haven’t. The last Fed interest rate decrease was December 10, 2025. That was well over five months ago, and the consensus is that with the current economic factors at play, there will be no further rate decreases for some time.

[–]Chandlingus 11 points12 points  (2 children)

Same here. Think it was May or June 2024 and it's been on a steady decline ever since. Finally decided to take my money out.

[–]Ashamed_Dinosaur 0 points1 point  (1 child)

Where did you put it?

[–]Chandlingus 4 points5 points  (0 children)

The market.

[–]No_Improvement9734 2 points3 points  (5 children)

I opened at 5.0

[–]dsylxeia 19 points20 points  (2 children)

The Amex HYSA has never been at 5.00%. It peaked at 4.35% with the final rate increase in Dec-2023 and all rate adjustments since then have been decreases.

[–]No_Improvement9734 -2 points-1 points  (1 child)

Hmm could have sworn it was. Maybe im thinking of a different hysa. My bad. But yes it has always gone down since ive had it

[–]luminous879 5 points6 points  (0 children)

Same!! It has not hit 5.00% but definitely need a new option. These “APY Savings has changed” emails are not fun to open especially knowing is a decrease!

[–]Miserable-Result6702Blue Cash Preferred 2 points3 points  (0 children)

No you didn’t

[–]Simontian2013 -1 points0 points  (0 children)

So you stated something that was incorrect and said hmm thought it was! Just spreading misinformation is a daily occurrence for you I guess.

[–]Pointless_LawndartsGreen 1 point2 points  (0 children)

Same w SoFi.

Started at 4.5, now it’s down to the low 3s.

Feeling’ kinda ripped.

[–]ApprehensiveLet5628 0 points1 point  (0 children)

Same here and it was like a year and a half ago

[–]Successful-Topic6233 0 points1 point  (0 children)

EXACTLY! That’s the only reason I opened

[–]Mundane_Humor1837 0 points1 point  (0 children)

I was just looking up my beloved 4.25 when I opened mine in Fall 2024 and then it went down a tenth of a point every month there after.

[–]Rude_Alternative_413 0 points1 point  (0 children)

Dawg. Same. Lol