Thread: ING Direct: Interest Compounded Daily/Monthly?
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Old 03-12-2005, 04:47 PM
bluek9 bluek9 is offline
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Default Re: ING Direct: Interest Compounded Daily/Monthly?
Yep, I noticed that CapOne increase as well. Emigrant states in their FAQ's that 3% is guaranteed for 2005 UNLESS, & I'm paraphrasing, COMPETITION OR MARKET CONDITIONS CHANGE.

My point is, now that CapOne is approaching E.D. % territory, E.D. has got to start looking behind them. Yes, someone IS always gaining on you. E.D. is still safe but with not as much road between them & the competion any more. The "mistro" Greenspan is expected to raise short term's again on 3/22. Stay tuned. This savings rate battle is just heating up for these banks.
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