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Re: Savings?
Old 07-15-2004, 10:33 AM   #101
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Re: Savings?

Yes, I was talking about ING. They offer 2.1%
I just set up an account with them
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Re: Savings?
Old 07-15-2004, 12:02 PM   #102
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Re: Savings?

I have an acct in ING too. I use it for my irregular bills, house insurance, property tax, car ins....that kind of stuff. It takes about 2 or 3 days to have the money transfer back to your checking account, but that works for me. I never need it quicker than that anyway.

I keep my Emergency money (6-8 months expenses) in my MOney market account, because the smallest check you can write on that acct is 250.00.

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Re: Savings?
Old 07-15-2004, 12:05 PM   #103
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Re: Savings?

Maggie, if you are as persistent in your pursuit of ER
as you are on this forum I predict a great future for you.


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Re: Savings?
Old 07-15-2004, 12:09 PM   #104
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Re: Savings?

My credit union just introduced an unusual new MM type account. You need to have at least 25k in it and can only make one withdrawal a month, but it pays 2.5%. Pretty good.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: Savings?
Old 07-15-2004, 04:18 PM   #105
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Re: Savings?

Hello TH! Yeah that credit union MM is a good deal.
I have a better one but it's going to expire soon.
I get 3% with unlimited check writing/withdrawals
and free checks. The bad news is that in about 30 days
I will have to look for a new home.

John Galt
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Re: Savings?
Old 07-17-2004, 05:18 AM   #106
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Re: Savings?

Those GMAC notes may increase rates tomorrow. Todays 2.5% could go higher. BTW as previous posts noted one of the criteria is being a GM/GMAC customer. I assume anyone with a GM car loan qualifies (wife's Envoy!)

If it stays at 2.5% I won't bite. I can get that locally.


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