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Old 03-09-2005, 06:02 AM
coffeebreak coffeebreak is offline
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Default Re: ING Direct vs Emigrant Direct Bank

Quote:
Originally Posted by terry1156
The $25 signup bonus is a huge deal. Emigrant offers a 0.04% higher interest rate which equals and extra $4 for every $1000 you have in savings. To make up for that $25 bonus, you'd have to place over $8000 in Emigrant for a year just to be even.
Sign up for ING long enough to get the $25 then move the money to Emigrant and get 3% instead of 2.6%.

I am now signed up with both but I will be switching my ING 2.6% account to a 2 year CD at 3.7% with ING and keeping my Emigrant account at 3%.
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