ING Direct's Latest Email
Sep 27, 2005 - 5:56 PM by Ken Tumin
I just received an email from ING Direct informing members of their latest rate increase:
I think many would argue with the "clearly making it the best choice for your hard-earned savings". Also, it's easy to raise rates 6 times when you only raise them by 0.10%.
The fact is that they're 0.60% under EmigrantDirect, and EmigrantDirect's savings account has essentially the same features (no minimum's, ACH transfer capabilities, etc.). EmigrantDirect may not have the fancy marketing, but they easily win the battle of the best savings account.
Announcing the 6th Orange Savings Account Rate Increase in 2005!
On September 23, 2005 we increased the variable Annual Percentage Yield (APY) on the FDIC-Insured Orange Savings Account to 3.40%. The Orange Savings Account has now increased 1.05% since the beginning of the year, clearly making it the best choice for your hard-earned savings.
I think many would argue with the "clearly making it the best choice for your hard-earned savings". Also, it's easy to raise rates 6 times when you only raise them by 0.10%.
The fact is that they're 0.60% under EmigrantDirect, and EmigrantDirect's savings account has essentially the same features (no minimum's, ACH transfer capabilities, etc.). EmigrantDirect may not have the fancy marketing, but they easily win the battle of the best savings account.
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Geri (anonymous) - #1, Tuesday, September 27, 2005 - 9:44 PM
Thanks for the post. I have ING and was unaware of Emigrant.
-- a fellow blogspot blogger
Anonymous - #2, Wednesday, September 28, 2005 - 4:15 PM
You can potentially get a $10 bonus for opening an Emigrant Direct account, by visiting mymoneyblog.com.
I am not affiliated with that blog, nor do I find that blog very interesting. I just want to see the people on this blog get the most for their money.
ING is dead. Long live the King.
Anonymous - #3, Friday, August 11, 2006 - 12:57 PM
A family member told me not to open an account with Emigrant Direct since it was located in Ossining, NY.
I dispute the issue with this individual.
Any comments?
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