newgrannie said:You can upgrade account to new 5% rate if you have 100,000 - do not have to open a new account in order to get the new rate.

What is the rate of this Incredible Money Market account if the balance is less than 100k (but greater than 25k to avoid fees)?
I couldn't find it from their website.
thx.

mscisco said:Is it worth to convert my current Superior MMA to this Incredible MMA?I'm guessing you're the only one who can answer that. Do you have more than $100K that you have no intention of needing anytime soon?

they no longer post the superir mma rate of 4.5% and they lowered the cd rate which used to be the same. does anyone know if the superior mma account is still 4.5%

If you drop below the 100,000 minimum, you can request your account go back to the 4.5% account. Cs said no problem unless you are going back and forth every month

These guys are PAPER snail mail applications only, Correct ?

What about electronic transfers thereafter ?

Can I open an account with them elecronically drawing from HSBC ?

Can you link other accounts once open ?

How often do they introduce new rates meaning you have to call & ask for the higher rate ?

Thanks

(Just tried to call them to ask the above quesitons but they are closed at 4pm central)

Yes, Im talking about the 5% account.

Just trying to get the heck out of HBSC because of all the aggrivation they repeatedly cause me.

This one may not be worth the effort. Patelco is way out of my area and seems a hassel.

Everbanks 5.5% is onky for 3 months and Ive heard bad things about them too.

I remember the good ole days when ING was the top rate and there wasnt much to worry about.

Now they arent even close.

Cheap said:Paper only. This isn't an ING type account. There is no website to log into. At least I haven't found it.

You can open with a check from other funds for the min, then do an ACH push from HSBC.

edit - or open an HSBC checking with the minimum, write a check from that, then do an ACH push from HSBC savings.

edit2 - don't count on them ever raising the rate on this account. Sometimes you have to close and open fresh. It looks like with the new account you can just call.

edit3 - why are people interested in this account any more? Are you talking about the 5% account?

Im there. Well over the insurance limit already.

Guess I need to look into t-bills or CD laddering or something.

Cheap said:stcd said:Yes, Im talking about the 5% account.

Just trying to get the heck out of HBSC because of all their aggrivation they repeatedly cause me.

This one may not be worth the effort. Patelco is way out of my area and seems a hassel.

Everbanks 5.5% is onky for 3 months and Ive heard bad things about them too.

I remember the good ole days when ING was the top rate and there wasnt much to worry about.

Now they arent even close.

Cheap said:Paper only. This isn't an ING type account. There is no website to log into. At least I haven't found it.

You can open with a check from other funds for the min, then do an ACH push from HSBC.

edit - or open an HSBC checking with the minimum, write a check from that, then do an ACH push from HSBC savings.

edit2 - don't count on them ever raising the rate on this account. Sometimes you have to close and open fresh. It looks like with the new account you can just call.

edit3 - why are people interested in this account any more? Are you talking about the 5% account?

Well, if you want ING type functionality then you can try GMAC but you are taking a hit rate-wise.

Hi Guys,

Just moved my money from Ing (4.75 until 2 weeks ago) to Superior's 5% MM account. I received my letter with account information. The letter states the APY is 4.5%. I thought it was supposed to be 5% for deposits over 100k. Anyone know why this would be? I tried to call them, but they're closed and I figure FWers would be on top of this.

Thanks.

You got 4.50% as you signed up for Superior Money Market and not the Superior Savings Incredible Money Market.

Banks have more than one account, you know.

Very easy to change accounts. Just request it with the person who answers the phone. Within a couple minutes you are done. Didn't used to be that way at Superior...