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jorgelito · 09-20-2005, 02:56 PM

So I've mentioned this before in a previous thread but I wanted to re-do it sort of.

As of today, the Feds raised the interest rate.

Now, I hav an ING account at 3.30%.

But I just saw an advert for Emigrant Direct Bank for 4.0%!

My question is: Should I switch over or put some money into a new account there or is it just nickel-and-diming?

The scenario I'm running: $10,000 in ING. I have another $3000 coming so I wanted to either open a new account with Emigrant and put the $3000 in there, or all of it or any other combo. Or is it just a waste of time cause the difference is negligible.

09-20-2005, 02:56 PM	#1 (permalink)
jorgelito All important elusive independent swing voter... Location: People's Republic of KKKalifornia	New Interest Rates: Choosing a Good Bank So I've mentioned this before in a previous thread but I wanted to re-do it sort of. As of today, the Feds raised the interest rate. Now, I hav an ING account at 3.30%. But I just saw an advert for Emigrant Direct Bank for 4.0%! My question is: Should I switch over or put some money into a new account there or is it just nickel-and-diming? The scenario I'm running: $10,000 in ING. I have another $3000 coming so I wanted to either open a new account with Emigrant and put the $3000 in there, or all of it or any other combo. Or is it just a waste of time cause the difference is negligible.