Thread Starter: John Burnett
Title: Re: tiered rate APY disclosure question
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If it were your website, I'd say it would need to be updated as rates change.
As for a third-party site, does you bank supply information to the third-party for updating rates? How often can you do so? Or does the site look out over the metaverse to see when rates on bank sites are changing, and they aren't very good at it? Does your bank pay the third party to advertise its rates on their site? If you can't keep it current, whatever you pay them is too much.
I am not enthusiastic about the idea of depending on a third-party site to advertise a bank's deposit rates.
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