E*Trade is raising their rates!

I just received an email from E*Trade, informing me that starting tomorrow they will be raising the interest rate on their Complete Savings accounts from 3.01% to 3.15%! Not a huge jump, but when you consider that the Fed just cut interest rates by 0.25% last week and most banks lower their interest rates when that happens, this is definitely good news.

Just thought I’d share the news.

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