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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-06-2006, 01:46 PM   #41
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Re: ING Slacking as a place to park cash - Any Recommendations

I am sitting on a large enough chunk of change that it made sense to shop around. When I opened my account I went with AmboyDirect because of a combination of high rates, low hassle factor, ACH transfer, and good reputation.

They have been flawless in taking care of me, but then again I haven't demanded much. I ACH'ed my original deposit in, and changed the address on my account about a month ago. Oh, I log in to look at my money every so often.

The website isn't impressive, but it is functional enough for my needs.

They're currently paying 5.15% APY I think.

I've also had good experiences with EmigrantDirect and ING.

2Cor521
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-07-2006, 09:15 AM   #42
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Re: ING Slacking as a place to park cash - Any Recommendations

I applied at Amboydirect yestrday AM, and still have not received the email with all the information. How long does it take for them to respond, and is this lag time typical of their (Recent) service?

SWR
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-07-2006, 01:35 PM   #43
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Re: ING Slacking as a place to park cash - Any Recommendations

Quote:
Originally Posted by ShokWaveRider
I applied at Amboydirect yestrday AM, and still have not received the email with all the information. How long does it take for them to respond, and is this lag time typical of their (Recent) service?

SWR
I think it took a few days. In my case I wasn't in a hurry because I was selling my house and set up the account ahead of time with $5, then put the rest in when the house sold.

2Cor521
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 12:44 PM   #44
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Re: ING Slacking as a place to park cash - Any Recommendations

It is a little sad Amboy does not have a QFX Download into Quicken..

But for 5.13% I guess I can handle a littl fat fingering....

SWR
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 12:51 PM   #45
 
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Re: ING Slacking as a place to park cash - Any Recommendations

Quote:
Originally Posted by ShokWaveRider
It is a little sad Amboy does not have a QFX Download into Quicken..

But for 5.13% I guess I can handle a littl fat fingering....

SWR
Emigrant Direct is 5.15% and is also Quicken Supported.
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 01:06 PM   #46
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Re: ING Slacking as a place to park cash - Any Recommendations

FWIW, ING just upped their rate to 4.40%. Still pretty far behind Emigrant, though. I wonder if they'll ever catch up?
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 02:16 PM   #47
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Re: ING Slacking as a place to park cash - Any Recommendations

Quote:
Originally Posted by Andre1969
FWIW, ING just upped their rate to 4.40%. Still pretty far behind Emigrant, though. I wonder if they'll ever catch up?
and Emigrant isn't the highest.
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 03:56 PM   #48
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Re: ING Slacking as a place to park cash - Any Recommendations

given that ING is (and was) so far behind the rate leaders, it makes me wonder why they bothered with a measly 5 basis points.
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 04:13 PM   #49
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Re: ING Slacking as a place to park cash - Any Recommendations

Quote:
Originally Posted by brewer12345
Yup. Hard to beat short term T bills if you pay state income tax, although obvipusly they wouldn't be totaly liquid.

Vanguard's Admiral Treasury Money Market fund is yeiling 4.91%. For someone paying 9% state tax this is a nice option and is also liquid. Minimum investment is 50K.
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 04:38 PM   #50
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Re: ING Slacking as a place to park cash - Any Recommendations

Hey folks, what am I missing I just went out to Amboy direct and their website says they're paying 4.28%.

Emigrant Direct says 5.15%

Moguls
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-11-2006, 04:42 PM   #51
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Re: ING Slacking as a place to park cash - Any Recommendations

Go here:

http://www.amboydirect.com/premiumsavings/

SWR
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-12-2006, 07:47 AM   #52
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Re: ING Slacking as a place to park cash - Any Recommendations

Thank you SWR.* * * Given this info, I don't see why I'd want to keep any significant funds in ING.* * Probably will keep the ING account open, just in case, but with minimal balance.

Thanks again
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-13-2006, 10:41 AM   #53
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Re: ING Slacking as a place to park cash - Any Recommendations

Just got an email note from Amboy Direct that their Premium Savings is going up to 5.25% APY.

2Cor521
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Re: ING Slacking as a place to park cash - Any Recommendations
Old 09-13-2006, 11:18 AM   #54
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Re: ING Slacking as a place to park cash - Any Recommendations

There's a bank near me that pays 5.40% for a 16 month cd...not sure if that's too long to tie up, in case rates go up...
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