Mine is 2.6 also!!

Can you have more than one ING Direct savings account? I know you can only get the cash bonus once, but I need to have an online bank for payfail and fleabay, and I don't want to give them my ING account that actually has a bunch of money, so they can have fun with chargebacks without merit.

Cheap said:
[Q}
Lies! Lies! Lies!

Go to this thread to see that:
ebank is better than ING
Superior Savings is better than ING
CNBT is better than ING
Emigrant Bank is better than ING
Charter One is better than ING
Presidential Bank is better than ING
Ascencia is better than ING
Union Federal Bank is better than ING
National InterBank is better than ING
Capital One/Costco Money Market is better than ING
Capital One High Yield Savings is better than ING
CountryWide Bank is better than ING

What is it with ING that people think it is the best thing out there? It is not true and it hasn't been, if it ever was, for a long time.

I have gone through the list. Notice in the list than some of those accounts are money market account. I'm not so sure, but I believe money market account has limited transaction privileges (you are limited to six transfers or withdrawals per month with no more than three transactions as checks written against the account). Also, some account require a minimum of 100K. If I have 100K, I would invest in stock / mutual fund or something else for much better return instead of leaving it in a saving account.
In short, if you take fee, minimum requirement, ... into account, ING is still a good choice. EmigrantDirect's offer is better than INGs, but ING has the sign in bonus + ING has been around much longer.

Do you guy know of any sign in bonus for EmigrantDirect ?

chan101qua said:Cheap said:
Do you guy know of any sign in bonus for EmigrantDirect ?
E-D doesn't have any bonus.

chan101qua said:Cheap said:
Lies! Lies! Lies!

Go to this thread to see that:
ebank is better than ING
Superior Savings is better than ING
CNBT is better than ING
Emigrant Bank is better than ING
Charter One is better than ING
Presidential Bank is better than ING
Ascencia is better than ING
Union Federal Bank is better than ING
National InterBank is better than ING
Capital One/Costco Money Market is better than ING
Capital One High Yield Savings is better than ING
CountryWide Bank is better than ING

What is it with ING that people think it is the best thing out there? It is not true and it hasn't been, if it ever was, for a long time.

I have gone through the list. Notice in the list than some of those accounts are money market account. I'm not so sure, but I believe money market account has limited transaction privileges (you are limited to six transfers or withdrawals per month with no more than three transactions as checks written against the account). Also, some account require a minimum of 100K. If I have 100K, I would invest in stock / mutual fund or something else for much better return instead of leaving it in a saving account.
In short, if you take fee, minimum requirement, ... into account, ING is still a good choice. EmigrantDirect's offer is better than INGs, but ING has the sign in bonus + ING has been around much longer.

Do you guy know of any sign in bonus for EmigrantDirect ?

Orange Savings Account Terms & Conditions:
Limits on Withdrawals/Transfers from Your OSA: Pursuant to Federal law, you're only allowed to take money out of your OSA 6 times per monthly statement cycle ("Cycle"). If you repeatedly make more than 6 withdrawals during a Cycle, we may close your account.
You are correct about money market accounts having this restriction, but you seem unaware that you have the same restriction.

That thread has 2 accounts have no minimum, one has $1k, one $5k, one $10k, one $50k, two $100k and those are just the ones at 3% and higher.

If you want signup bonuses, get signup bonuses, and if you have under $5k to invest then that is most likely what you should do. But don't:
1) pretend you are going for high APR accounts for the high APR
2) presume other's investment decisions
3) spread misinformation

Some of us are willing to do a little work for our higher APRs. If you are not, I woundn't brag on FWF about willing to settle for a lower rate.

edit: I've gotten my signup bonus and the rate is less then what I can get elsewhere so I'm pulling my money.

sinik said:chan101qua said:EmigrantDirect's offer is better than INGs, but ING has the sign in bonus + ING has been around much longer.

Actually, both ING and Emigrant have been around for ~150 years. Also you can make that $50 back in interest rather quickly if you have enough capital.
Agreed. Put your $1 to get the bonus but don't keep real money in ING.

Hi

Pardon my ignorance (im trying to learn about all this stuff!) but where do you see your ING interest daily? I see an "interest paid" line every month....

Thanks!

chan101qua said:but I believe money market account has limited transaction privileges (you are limited to six transfers or withdrawals per month with no more than three transactions as checks written against the account).

You are mistaken on two counts.

First, you can make unlimited withdrawals from Money Market accounts. You are only limited to the number of ELECTRONIC withdrawals (6 in total, of which 3 max can be by check). The number of deposits is unlimited, electronic or not.

Second, savings accounts have exactly the same limits as stated above. And therefore, ING savings is not superior to a money market account.

OCedHrt said:

Oh yes, and money markets aren't FDIC insured. You can lose money even if they say currently 100000% interest and then pop you a -1000%.

Not quite:
A money market at a FDIC-insured institution is FDIC-insured. However, the rate could go negative, so yes you could lose money, but it is still insured if something TERRIBLE happened to the institution. There are also money-market mutual funds offerred at most brokerage houses which are not FDIC-insured. Please don't freak everyone out.

steve48197 said:I just got an offer from Capital One Savings, 2.35%. Maybe that helped nudge ING higher.

Capital One offers a 2.75% account and there are 3% accounts at other banks and a 3.25% account if you would search...