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-   -   competition driving up APY rates - ING up to 2.8% (https://acurazine.com/forums/money-investing-17/competition-driving-up-apy-rates-ing-up-2-8%25-300890/)

riceboy 03-22-2005 11:15 AM

competition driving up APY rates - ING up to 2.8%
 
haha emigrant must be taking away customers from ING
they upped their APY to 2.8% from 2.6%

it was only like a while ago that it was at 2.35% :thumbsup:

ccannizz11 03-22-2005 11:43 AM

:woot: all the emails they got about emigrant direct....

but the fed has said that another quarter point hike is inevitable

corey415 03-22-2005 12:19 PM

i love the competition!!!!!

bkknight369 03-23-2005 12:55 PM

haha thats awesome

Adam_Schwartz 03-23-2005 01:35 PM

Still isn't 3.25% tho!

moeronn 03-23-2005 01:41 PM

So, I shouldn't just be shredding all those mailings they keep sending me? I never gave them a second glance, but it seems that many people are happy with them. Perhaps this deserves a closer look.

corey415 03-23-2005 03:51 PM

While ING doesnt have 3.25%, the web interface and their customer service from my personal experience is much better than what I have experienced at emigrant.

CrockPot 03-23-2005 03:56 PM


Originally Posted by corey415
While ING doesnt have 3.25%, the web interface and their customer service from my personal experience is much better than what I have experienced at emigrant.

:werd:
this is why i've stayed with ING and never transferred money to emigrant.

riceboy 03-23-2005 04:47 PM


Originally Posted by corey415
While ING doesnt have 3.25%, the web interface and their customer service from my personal experience is much better than what I have experienced at emigrant.

i totally agree but on a 25k deposit the one year interest earned will be different by about 112 dollars or 9.36 a month.

CrockPot 03-23-2005 05:03 PM


Originally Posted by riceboy
i totally agree but on a 25k deposit the one year interest earned will be different by about 112 dollars or 9.36 a month.

true, but who would really keep 25K only in savings? unless you're a true baller, and 25K is like a weeks expenditure. for me, that 25K would be disbursed to other investment accounts, only a nominal percentage of that would be in savings.

bkknight369 03-23-2005 05:44 PM

depends on what you're doing with the money

if you're saving for a house, then you wouldnt want to invest it, but rather put it in a savings acount and/or a cd

ViperrepiV 03-23-2005 05:54 PM

yeah i gotta work on getting me one of these accounts

CrockPot 03-23-2005 06:04 PM


Originally Posted by bkknight369
depends on what you're doing with the money

if you're saving for a house, then you wouldnt want to invest it, but rather put it in a savings acount and/or a cd


good point, i've lost track of that perspective since i'm already paying mortgage.


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