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Old 01-25-2006, 12:24 PM
goodtosave goodtosave is offline
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Default Re: ING is paying 4.75% until April 15, 2006

Quote:
Originally Posted by coffeebreak
It took about 24 hours to get money out of ED and into ING; this time. The calculator mentioned below your post says that I need to keep the money in ING for 5.33 day to break even. If it's 2 days then it will take 10 days. A 3 day transfer would take 16 days.

I am a bit surprised that ED didn't raise their rate after the last fed increase. I hope the next rate they offer will be 4.5%. I am going to see what happens at the end of my time with ING before I make a decision about where to keep my savings. It's too easy to transfer money for ED to fall behind the pack.
Did you schedule the transfer from ED and ING for the same day. So both debit and credit hit your checking account on the same day.
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