Some recent rate cuts to savings and checking accounts include:

• EverBank’s intro rate for its checking and money market account lowered to 5.01% APY (was 5.51%) Standard rate lowered to 4.26% (was 4.51%).
• Citibank’s Ultimate Savings Account and e-Savings Account rates lowered to 3.75% APY (was 4.00%) The Ultimate Money Account rate (which Citi heavily advertises) remains at 4.50% APY but this rate has an online bill payment requirement.
• Capital One’s High Yield Money Market rate lowered to 4.30% APY (was 4.40%)
• Provident Credit Union’s reward checking account rate lowered to 5.51% APY (was 6.01%). Provident CU allows for easy membership so this is one of the few reward checking accounts available nationally.