ING Direct up to 3.15%

[chynkboi]

http://www.ufbdirect.com/ufbdirect/
High yield MM. no min. 3.40%APR and $25 bonus for fund before Aug 31.

this looks nice... made an account.
anyone have comments on ufbdirect? should i stick with them or run after 120 days to get my $25 bonus?

 

[slickr4]

I know this is a newb question, but when does the interest apply to the account? I know it says APY...does that mean you only see an increase after a year? Help or flame...preferably the former!

 

[JSLIM]

Originally posted by: slickr4
I know this is a newb question, but when does the interest apply to the account? I know it says APY...does that mean you only see an increase after a year? Help or flame...preferably the former!

my ing is every month.

 

[FrustratedUser]

Originally posted by: JSLIM

Originally posted by: slickr4
I know this is a newb question, but when does the interest apply to the account? I know it says APY...does that mean you only see an increase after a year? Help or flame...preferably the former!

my ing is every month.

Yes, you get paid interest every month.

 

[esquared]

Originally posted by: slickr4
I know this is a newb question, but when does the interest apply to the account? I know it says APY...does that mean you only see an increase after a year? Help or flame...preferably the former!

Yes, they pay you at midnight on the 1st of the month. You can also see running total of the interest paid for the current month. They also show a running total of how much interest you have earned for the year.

 

[Macro2]

bankrate.com

 

[Phew]

FYI, the Paypal money market has no fees or minimums, and pay 3.28% right now. These funds are just your normal Paypal balance, so you can spend it online or use the Paypal debit card. Unlimited free (slow-4 day) bank transfers. It is also the largest money market fund in the WORLD, so you know its safe even if its not FDIC insured.

 

[SupaDupaPan]

INGDirect up to 3.30% today

 

[gaucho20]

ING compounds interest daily, posts it monthly.

 

[snapdadc]

Originally posted by: Phew
FYI, the Paypal money market has no fees or minimums, and pay 3.28% right now. These funds are just your normal Paypal balance, so you can spend it online or use the Paypal debit card. Unlimited free (slow-4 day) bank transfers. It is also the largest money market fund in the WORLD, so you know its safe even if its not FDIC insured.

Paypal is the devil

 

[ScottFern]

Originally posted by: Ecliptic

Originally posted by: lsman
for no mininum balance, and OK interface and easy to use.... but not the highest return...

balance between $5000 to $35000
http://www.presidential.com/PremierSavings.htm
gives 3.75% APR

http://www.ufbdirect.com/ufbdirect/
High yield MM. no min. 3.40%APR and $25 bonus for fund before Aug 31.

anyone want to share their experiences with the above mentioned banks? how do they compare to ing?

I have a UFBdirect.com HYMM account and they deposited my $25 sign up bonus within a month of opening the account, and added my deposits within a day of them receiving them. They have since raised my interest rate which is awesome and they deposit my interest on time as always.

One thing that sucks is their website, its very slow and doesn't work well with FireFox.

I also have my ATM card with PIN number mailed to me a month after my account was opened, and they reimburse for ATM fees.

 

[HonkeyDonk]

3.3%!!!

 

[abc]

is presidential also daily compounding, paid monthly.

 

[ECartman]

yes

 

[suse920]

Originally posted by: InverseOfNeo
PM me if you want a referral link.

 

[pjargon]

ING is now up to 3.30
I can refer you ;p

 

[CU]

Why does presidential not show up on bankrate when you tell it to list internet banks with interest checking? Bank of Internet has the highest APY for interest checking according to them. Which I know is wrong because theirs is 3.0.

 

[gaucho20]

I don't think ING counts as an internet checking account. It is purely a savings account. You have to transfer your money to another account to have access to it. CU...PM me with any other questions.

 

[ECartman]

Originally posted by: CU
Why does presidential not show up on bankrate when you tell it to list internet banks with interest checking? Bank of Internet has the highest APY for interest checking according to them. Which I know is wrong because theirs is 3.0.

I noticed that too -- been that way for a couple years. On Presidential webiste they advertise that they were rated #1 by Bankrate in 2003 and 2001. Maybe they don't get along with bankrate for some reason now.