ShoreBank Direct falls to 2.05%

So the streak continues. Here is another brave one going down by 0.40%. ShoreBank Direct was a very high yielding online savings account and it had maintained its amazing 2.45% rate for quite sometime (2.05% is also not that bad in today's time though). I was actually considering moving my HSBC funds to ShoreBank Direct but good that I saw this day. Now fingers crossed for Ally Bank.

This was my quickest post so far btw :P, I had been chasing ShoreBank Direct for long and thus couldn't stop myself from sputtering out the news :(