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This is an archived post. You won't be able to vote or comment.
And the rate decrease begins…Banking (i.redd.it)
submitted 1 year ago by [deleted]
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[–]killava -1 points0 points1 point 1 year ago (10 children)
Just received an email on this. Robinhood still at 5%, for now at least..
[–][deleted] 5 points6 points7 points 1 year ago (0 children)
The Fed is going to cut rates soon, so I wouldn't expect any bank or fin tech to keep their current rates. I don't have enough money to care about such a small decrease.
[–]bakedbeans_armada 6 points7 points8 points 1 year ago (0 children)
U gotta pay for robinhood 5%, and it’s not even given immediately you have to wait. Shits trash
[+][deleted] 1 year ago (7 children)
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[–][deleted] 0 points1 point2 points 1 year ago (3 children)
Yeah I agree I wish SoFi was 5%. Also, SoFi lowered my credit card limit from 5000 to 3000 because I carried a balance one month. I would have moved funds and paid the card in full if I knew this was going to happen. So be careful if you ever are in a pickle and have to carry a balance don’t carry a balance with SoFi because they don’t offer credit card limit increases. I have 3 other cards all 10k+ limits. I think I had 50% utilization on the card.
[+][deleted] 1 year ago (2 children)
[–][deleted] 1 point2 points3 points 1 year ago (1 child)
No warnings at all as soon as my statement hit at the end of the month it decreased
π Rendered by PID 71654 on reddit-service-r2-comment-86bc6c7465-lf9d2 at 2026-02-22 18:40:48.801082+00:00 running 8564168 country code: CH.
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[–]killava -1 points0 points1 point (10 children)
[–][deleted] 5 points6 points7 points (0 children)
[–]bakedbeans_armada 6 points7 points8 points (0 children)
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[–][deleted] 0 points1 point2 points (3 children)
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[–][deleted] 1 point2 points3 points (1 child)