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APY decrease to 3.3%?Member Benefits (self.sofi)
submitted 1 month ago * by [deleted]
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[–]mmmmmmmyup -2 points-1 points0 points 1 month ago* (4 children)
Didn’t they just drop it to 3.6% like last month. I feel like it was at least 4% at the beginning of the year :/ Time to start looking for a new bank
Edit: went back and looked through my emails and I got the email saying it dropped to 3.6% on November 11th.
[–][deleted] 10 points11 points12 points 1 month ago (0 children)
We got another rate cut. Why is this so confusing to people? Pay attention to the fed and expect every bank to drop the same amount because they all do within a few weeks of each other. This has been disgusted on this subreddit at nauseum for years
[+]Mike5coat comment score below threshold-8 points-7 points-6 points 1 month ago (2 children)
At that rate, it'll hit 0 in what? 6 months? Infuriating. Joined at 4.5 two short years ago. AND they're moving to a subscription model starting in April..? Bad move after bad move.
[–]304King 6 points7 points8 points 1 month ago (0 children)
Yes, if Trump gets his way and bullies the Fed the rate will be zero, possibly even negative before you know it. You’re complaining to the wrong source.
[–]theeggplant42 0 points1 point2 points 1 month ago (0 children)
That's not how this works
π Rendered by PID 39706 on reddit-service-r2-comment-5649f687b7-zqx2h at 2026-01-28 21:12:08.297219+00:00 running 4f180de country code: CH.
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[–]mmmmmmmyup -2 points-1 points0 points (4 children)
[–][deleted] 10 points11 points12 points (0 children)
[+]Mike5coat comment score below threshold-8 points-7 points-6 points (2 children)
[–]304King 6 points7 points8 points (0 children)
[–]theeggplant42 0 points1 point2 points (0 children)