SmartyPig No More!

For a long time I have been singing SmartyPig's praises because of their adorable website, user-friendly-ness, and best of all, high interest rates.  For a while it was over 2%! A few months ago, they lowered their rate to about 1.7%.  Then, 1.1%.  I was still a loyal SmartyPigger.  Now, they just decreased their rate to 0.7%! Can you believe that?  They're not even competitive anymore.  As soon as I was able to, I closed my goal and sent the money back to my checking account.

Here is a link to the blog post that SP posted about their interest rate decrease: http://blog.smartypig.com/read/announcing-a-change-in-apy/

If you are/were a SmartyPig customer, feel free to comment with your opinions.