10.38% APY but read the small print...

[mickeyd]

Have you seen this site? They have a pretty useful idea in that they are always looking into deals that are probably too good to be true if you only had the time to read the small print (mouse print) and determine what the catch is. Well, they look for the catch. In the attached ad a bank in Lincoln, NE was advertising a 10.38% APY rate, but the catch is...


http://www.mouseprint.org/?cat=4

*MOUSE PRINT: “Minimum and maximum amount of $500 only.”

So how much money are we talking about really earning here? Six months’ worth of interest on $500 is approximately $25.95 (maybe a bit less). At their regular rate of interest (4%), you would earn about $10. So despite the attention grabbing headline of 10.38% interest, this offer is worth less than $16 in extra earnings.

 

[MJ]

There are a few of these, "it's too good to be true" floating around with a max of $1000 or $2500.
For me, it isn't worth the effort.

 

[MJ]

Sorry. The DSL is worse than dialup where I am staying.

 

[retire@40]

Sorry. The DSL is worse than dialup where I am staying.

You don't have to apologize for galting. It happens sometimes.

 

[sgeeeee]

You don't have to apologize for galting. It happens sometimes.

What's "galting"?

 

[sgeeeee]

And another thing, I used to be a captain of industry.

 

[sgeeeee]

Does anyone want to know my IQ score?

 

[sgeeeee]

What was my original question?

 

[sgeeeee]

Livin' large. Yep. That's me.

 

[Mr._johngalt]

Does anyone want to know my IQ score?

Nope.

JG

 

[Mr._johngalt]

What's "galting"?

A man. A legend. A way of life. If you have to ask, you wouldn't
understand. I've become part of the lexicon, like ah.......
You've been Borked.

JG

 

[retire@40]

What's "galting"?

Funny you should ask, since I just invented it.

It's when you use multiple postings to say the same thing over and over again.

Sometimes it's due to a technical glitch in the software. Sometimes it's human induced.

 

[Mr._johngalt]

Funny you should ask, since I just invented it.

It's when you use multiple postings to say the same thing over and over again.

Sometimes it's due to a technical glitch in the software. Sometimes it's human induced.

And I love it. You should also, since practically every word that rolls
off my lips/pen/keyboard is a pearl to be savored. To galt, galting,
galted, truly a word for the ages.

JG

 

[sgeeeee]

Nope.

JG

Just remember that the next time you are inclined to talk about yours.