I finally have a decent size savings account (i.e more than $100...lol) and I noticed that Bank of America credited me $0.10 for earned interest last month. Upon further investigation, I found out that my savings APR is 0.01%. Seriously 0.01%?????
That rate applies to all balances too. So that if someday my $5000 balance becomes $50,000, I will still only earn 0.01%
Ridiculous. I moved my money to Capital One (I know). At least I'll earn 0.60% there. I need to call my credit union in the morning to see what their rates are.
The awesomeness of BofA's savings account is in the Keep the Change program. It's 100% return after a year, and 5% per year afterwards.