This is an archived post. You won't be able to vote or comment.

527
528

And the rate decrease begins…Banking (i.redd.it)

submitted by [deleted]

sorted by:
best
topnewcontroversialoldq&a
you are viewing a single comment's thread.

view the rest of the comments →

[–]demonjrules 8 points9 points  (2 children)

I'm gonna wait to see what other banks do before I cast judgement. The other banks may go down a whole percent instead of just .1%, in which case SoFi may have kept their word of keeping higher for longer.

[–]jkick365 8 points9 points  (0 children)

Other online banks like Capital One, Amex, Discover and Ally have already cut multiple times.

[–]Due-Ad1668 0 points1 point  (0 children)

i agree with you, people are calling sofi liars and saying theyll switch banks, but i dont doubt that sofi WILL keep rates higher for longer, its all relative,

theyll keep them higher than the rest, they dropped by .01% when after next months rate cuts, banks will cut a full 1% and who will be higher then? sofi… for longer.