Originally posted by: ncage
Ya im going to wait until they have a card. I have some of my money in paypal now which is paying 3.5% + i have thier debit card with 1% Cash Back on all purchases.
Originally posted by: d33pt
Reading their terms right now...don't really like this part. Is this standard? I'm planning on putting alot of money in there.
Refusal To Permit Withdrawal: The Bank may refuse to permit withdrawals in cases such as, but not limited to, the following:
The Bank chooses to exercise its legal rights to require up to 60 days' advance written notice of any intended withdrawal from this Account and the 60 days have not passed since we received the required notice from you;
The withdrawal would consist of funds deposited in the form of a check or other instrument and is not yet available for withdrawal in accordance with the Bank's Funds Availability Schedule;
There is a dispute about the Account - unless a court has ordered the Bank to permit the withdrawal;
Originally posted by: snowdogg187
Do they give you free $ for opening an acct like ING does?
Originally posted by: d33pt
Reading their terms right now...don't really like this part. Is this standard? I'm planning on putting alot of money in there.
Refusal To Permit Withdrawal: The Bank may refuse to permit withdrawals in cases such as, but not limited to, the following:
The Bank chooses to exercise its legal rights to require up to 60 days' advance written notice of any intended withdrawal from this Account and the 60 days have not passed since we received the required notice from you;
The withdrawal would consist of funds deposited in the form of a check or other instrument and is not yet available for withdrawal in accordance with the Bank's Funds Availability Schedule;
There is a dispute about the Account - unless a court has ordered the Bank to permit the withdrawal;
Originally posted by: cyberkost
Originally posted by: snowdogg187
Do they give you free $ for opening an acct like ING does?
How many $$ does ING give with a new account?
I did not find any mentioning of any money given
just for opening an account with them at their web-site.
... though in the past, I recall, they paid $25 for referrals.
Originally posted by: pX
OK, I will bump this back up as it's an awesome deal...
BUT, I had a question. I just got into my Emigrant account and I'm trying to deposit more money, I have read all FAQs and it claims I should be able to click "External Funding" somewhere to do this but for the life of me I can't find it! Can someone with an Emigrant account point me in the direction of how to actually deposit more money?
EDIT: Doh! From the snail mail letter "it may take one full business day before you can process any additional deposits to your EmigrantDirect account."
Originally posted by: DBL
Finally set up. The process was a major PITA. Anyway, I set this account up to deposit a significant sum and I'm seeing an interest rate of 3.92%. I'm curious what others are seeing for a rate? It's not a terrible problem but Emigrantdirect clearly advertises 4% on their home page.
Originally posted by: esquared
It's 4.00% APY (annual percentage yield). The APR (annual percentage rate) is 3.92%. When this is compunded daily, your APY will be 4.00%. They are all giving rates now as APY not APR, it looks better.
This is from Emigrants website:
EMIGRANTDIRECT?S ?AMERICAN DREAM? SAVINGS ACCOUNT AGREEMENT
INTEREST and INTEREST RATE RELATED INFORMATION
Rate Information: The current Annual Percentage Yield and Interest Rate paid on this Account are available on the EmigrantDirect website (EmigrantDirect.com) and in additional disclosures that you will receive from the Bank from time-to-time. The Bank, at its sole discretion, may change the interest rate on the Account at any time.
Originally posted by: KuJaX
4% APY (or 3.92% APR) isnt that dandy is it folks? I guess for extremely low risk, but why don't you folks invest wisely and diversify in the stock market with the money?
Originally posted by: KuJaX
4% APY (or 3.92% APR) isnt that dandy is it folks? I guess for extremely low risk, but why don't you folks invest wisely and diversify in the stock market with the money?
Originally posted by: dayg
Currently have ING and not happy with just 3.4apr. Is there a promo for people signing up with Emigrantdirect?
Originally posted by: KuJaX
4% APY (or 3.92% APR) isnt that dandy is it folks? I guess for extremely low risk, but why don't you folks invest wisely and diversify in the stock market with the money?
Originally posted by: paulney
Emailed ING asking if they are planning to bump up the rate, and got a canned response back.
Well, looks like it's goodbye ING and hello ED.