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competition driving up APY rates - ING up to 2.8%

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Old 03-22-2005, 11:15 AM
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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%
Old 03-22-2005, 11:43 AM
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all the emails they got about emigrant direct....

but the fed has said that another quarter point hike is inevitable
Old 03-22-2005, 12:19 PM
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i love the competition!!!!!
Old 03-23-2005, 12:55 PM
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haha thats awesome
Old 03-23-2005, 01:35 PM
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Still isn't 3.25% tho!
Old 03-23-2005, 01:41 PM
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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.
Old 03-23-2005, 03:51 PM
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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.
Old 03-23-2005, 03:56 PM
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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.

this is why i've stayed with ING and never transferred money to emigrant.
Old 03-23-2005, 04:47 PM
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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.
Old 03-23-2005, 05:03 PM
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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.
Old 03-23-2005, 05:44 PM
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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
Old 03-23-2005, 05:54 PM
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yeah i gotta work on getting me one of these accounts
Old 03-23-2005, 06:04 PM
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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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