ally Archives | Wealthfront Blog Personal Finance & Investing Insights Wed, 12 Jan 2022 01:12:21 +0000 en-US hourly 1 https://www.wealthfront.com/blog/wp-content/uploads/2019/09/cropped-wave-logo-transparent-hi-res-500x500.png ally Archives | Wealthfront Blog 32 32 Ally and Marcus Lowered Interest Rates During The Same Week The Wealthfront Cash Account APY Increased: Here’s Why That Might’ve Happened https://www.wealthfront.com/blog/why-did-ally-and-marcus-lower-their/ Mon, 01 Jul 2019 21:34:14 +0000 http://www.wealthfront.com/blog/?p=10648 Two popular banks offering high-interest savings accounts — Goldman Sachs’s Marcus and Ally Bank — cut their interest rates by 0.1% to 2.15% and 2.1% respectively within 48 hours of Wealthfront's cash APY going up again. So why did this happen?

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