Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 09-25-2007, 02:18 PM   #21
Thinks s/he gets paid by the post
Goonie's Avatar
 
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,198
Quote:
Originally Posted by Fireup2025 View Post
Also chase the savings acct's that offer $100 after a year. Currently doing the Ameritrade MM acct that Suze O (bleah!) marketed - that I heard about on this site
Quote:
Originally Posted by Sue J View Post
I'm also doing the TD Ameritrade promo offered by Suze Orman. And I got my son to sign up for that one too. Suze's Save Yourself Plan
I think that is about the easiest $100 I'll ever make....plus the account is paying 4.59%. I finally opened my account about 2 weeks ago with $50, and auto-deposit $50 a month for 12 months.

I'd forgotten about it until one day I was browsing in a local bookstore and saw Orman's book. Then it dawned on me...."Hey.....I need to look in the book for the promo code!" I looked, found it, wrote it down, and came home and opened the account. (BTW.....didn't buy the book, but I did read the page with the code # )
__________________

__________________
Goonie is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-25-2007, 07:34 PM   #22
Dryer sheet aficionado
 
Join Date: Aug 2006
Posts: 39
Internet Money Market Account at Zionsbank.com.

5.3% APY. So far, hasn't changed with fed dropping their rate.
__________________

__________________
baldeagle is offline   Reply With Quote
Old 09-26-2007, 09:20 AM   #23
Full time employment: Posting here.
 
Join Date: Feb 2007
Posts: 595
I have been using HSBC for slightly under a year now. It was a bit of a pain to get it set up, but that is only because of their security. In the long run it is a good thing that they are that scure considering it is YOUR money.
HSBC has been at 5.05% for over a year now I think. When I looked into the online banking I really looked into the possible disadvantages. They have no "brick and mortor" locations, so that could be a problem. I have spoken with them on the phone before, and I have never had a problem with any transaction so far. The online bank is linked with a real "brick and mortor" bank of your choosing, and you electronically transfer funds back and forth (and with my bank there is no fee for this). The transaction can take up to 3 business days to arrive. However, is there really any emergency type situation you could be in where you would need a huge influx of cash that could not wait 3 business days? I could not think of one. I could have done CD's for a bit higher interest rate, but then my money is truly "locked up" for a year or more. And if I did need to access that money early I would have to pay a penalty. Any of the online banks are protected by FDIC just like a normal bank account would be as well. I just could not find any disadvantage that was large enought to say I should not do it. If your money is just sitting around at the moment anyway would you rather .2% interest in a regular bank or 5.05% in an online bank? Seemed like a no-brainer to me.
__________________
armor99 is offline   Reply With Quote
Old 09-26-2007, 11:07 AM   #24
Thinks s/he gets paid by the post
maddythebeagle's Avatar
 
Join Date: Jun 2005
Posts: 2,450
HSBC and GMAC have dropped their rate....(no surprise)....looks like FNBO has theirs at 5.05% after the 6% promo is over...
__________________
maddythebeagle is offline   Reply With Quote
Old 09-26-2007, 01:42 PM   #25
Dryer sheet aficionado
 
Join Date: Aug 2005
Posts: 40
I've used Emigrant for about a year and have been very happy. I've transferred money in and out and didn't notice any major delays. I also have a portion of the paycheck direct deposited and that always appears immediately on the date I'm paid.
__________________
Aaron is offline   Reply With Quote
Old 09-26-2007, 02:02 PM   #26
Recycles dryer sheets
In-control's Avatar
 
Join Date: Mar 2007
Posts: 319
I use Bank of the Internet for checking - free checks(unlimited Qty.)/ATM/Debit card(re-imbursed bank use fees)/postage paid deposit evelopes. I keep a set amount in the account and top it up from my e-loan savings account, which gets funded annually. The checking account get's 3.49% and the savings account is 5%. Both banks have good CD rates so my 3-4 years of living expenses move smoothly and I am not moving $ chaising rates as much.

I like this because I have no limits on the checking account, # transactions/month, $limits etc. and both banks are very easy to work with. In addition the ATM card is a debit card so I can use it to track my expenses and budget.
__________________
Just Trekking thru!
In-control is offline   Reply With Quote
Old 09-26-2007, 04:16 PM   #27
Thinks s/he gets paid by the post
 
Join Date: Jun 2004
Location: No. California
Posts: 1,601
I use Emigrant Direct and have for a couple of years. As others, I switched from ING when their rates fell behind. I do have a MM at Vanguard too, but don't touch that money.


I keep the money for the current year in Emigrant Direct and transfer monthly to my credit union checking acct.
__________________
KB is online now   Reply With Quote
Old 09-26-2007, 11:29 PM   #28
Thinks s/he gets paid by the post
 
Join Date: May 2006
Location: Largo
Posts: 1,945
I have had an INGDirect savings account for three years (my mortgage is with them also) and an Emigrant Direct savings account for about a year. I have transferred virtually everything to Emigrant because ING is down to 4.3% while Emigrant has remained at 5.05% APY. I think ING dropped their rate before the Fed actually completed their statement about the rate cut. The reduction was definitely in place by the next morning.
__________________
Buckeye is offline   Reply With Quote
Old 09-27-2007, 06:48 AM   #29
Thinks s/he gets paid by the post
OAG's Avatar
 
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,598
Kind of off topic but CD rates at PENFED CU just changed today 9/27 and they are offering 6% APY for 3 to 7 year CD's (daily compounding).
__________________
Vietnam Veteran, CW4 USA, Retired 1979
OAG is offline   Reply With Quote
Old 09-30-2007, 03:10 PM   #30
Recycles dryer sheets
 
Join Date: Sep 2007
Posts: 87
I have used NetBank for a few years, but recently moved everything to eTrade. No complaints so far (plus good rate on savings account 5.05%APY).
__________________
ChemEng is offline   Reply With Quote
Old 09-30-2007, 06:01 PM   #31
Full time employment: Posting here.
cantlogin's Avatar
 
Join Date: Sep 2006
Location: Pocono Mtns.
Posts: 884
Emigrant has worked very well for me. Quick transfers and no surprises.
Stay away from FNBO.
__________________
cantlogin is offline   Reply With Quote
Old 10-01-2007, 09:18 AM   #32
Recycles dryer sheets
Eyerishgold's Avatar
 
Join Date: Aug 2007
Posts: 222
I hear NetBank is pretty good...........
__________________
Eyerishgold is offline   Reply With Quote
Old 10-01-2007, 11:55 AM   #33
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 2,424
I was just about to move money from FNBO since the 6% rate ended on 9/28 and I noticed that Emigrant Direct has dropped from 5.05% to 4.75%. FNBO's new rate is 5.05%.
__________________
Sue J is offline   Reply With Quote
Old 10-01-2007, 01:09 PM   #34
Thinks s/he gets paid by the post
OAG's Avatar
 
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,598
Eyerishgold: Your kidding right? NetBank is gone........ Go to the web site and you will find the successor institution ING.
__________________
Vietnam Veteran, CW4 USA, Retired 1979
OAG is offline   Reply With Quote
Old 10-01-2007, 01:16 PM   #35
Thinks s/he gets paid by the post
bright eyed's Avatar
 
Join Date: Jan 2007
Posts: 1,891
my hsbc just lowered to 4.5 i think (or 4.75?)...

their account features are nice since i have their credit card too i can pay one with the other (convenient for all of us huh!)...and you can see both at once.

the transfers do take a few days, but i see that more as a safety mechanism...i have a bofa savings that i can tap immediately if needed.
__________________
If i think of something clever to say, i'll put it here...
bright eyed is offline   Reply With Quote
Old 10-01-2007, 01:21 PM   #36
Recycles dryer sheets
Eyerishgold's Avatar
 
Join Date: Aug 2007
Posts: 222
Quote:
Originally Posted by R Wood View Post
Eyerishgold: Your kidding right? NetBank is gone........ Go to the web site and you will find the successor institution ING.

Of course I was kidding!

In retrospect I realize I should have added a smiley face to my post to show that I was kidding. So, here's my smiley face.

In fact, I'm going to edit my previous post and add 2 smiley faces!
__________________
Eyerishgold is offline   Reply With Quote
Old 10-01-2007, 08:41 PM   #37
Recycles dryer sheets
 
Join Date: Feb 2006
Posts: 60
cantlogin
Quote:
Stay away from FNBO.
We've had no issues with FNBO. It was nice to get the 6% What's your issue with them? Something we don't know?
__________________

__________________
5j404 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Yet another online savings account over 5% - Etrade Complete Savings maddythebeagle FIRE and Money 0 11-28-2006 01:53 PM
security and online brokerage accounts Martha FIRE and Money 13 11-17-2005 05:24 AM
Health Savings Accounts Sock_It_Away FIRE and Money 6 06-12-2004 04:13 AM
Healthcare Savings Accounts are here! mickeyd Other topics 17 06-10-2004 04:06 PM
EE bonds to ??? cute fuzzy bunny FIRE and Money 1 12-24-2003 01:33 PM

 

 
All times are GMT -6. The time now is 12:21 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.