Emigrant Direct Down to 5.05% APY – August Bonus Payouts
Emigrant Direct has lowered their rate from 5.15% to 5.05% APY. If you’re interested in moving to Emigrant Direct’s online savings account with no minimums, why not get up to $20 along with it? Everyone who sent me their Form #2 in August for my Emigrant Direct Referral Bonus should have been paid this week. If not, let me know.
By Jonathan Ping | Banking | 10/1/06, 7:46am
October 1st, 2006 at 8:35 am
Boooo to Emigrant Direct lowering their rate. Did you notice that EverBank’s FreeNet Checking Account promo rate is now up to 6.01%?
October 1st, 2006 at 6:35 pm
Thank you for The Emigrant Direct bonus.
October 1st, 2006 at 6:52 pm
What a brilliant marketing strategy, by offering the referral bonus.
October 1st, 2006 at 7:32 pm
How very disappointing………
October 1st, 2006 at 8:37 pm
Thanks for the $10 bonus
5.05% is still pretty darn good
Many new sites are opening high yield savings but they will go down
October 2nd, 2006 at 7:22 am
I was surprised by the APR decrease.
October 2nd, 2006 at 9:19 am
Thank you for the 10 dollar deposit
October 2nd, 2006 at 12:17 pm
The rate decrease is not really a surprise. If you invest in 28 day treasuries you have seen the rates fall by approximately .33 % (Investment Rate) over the last 7 weeks from their peak. Means the economy is most likely slowing. If you have money you can park for a longer term now may be the time to buy CDs and lock in a higher rate. The Fed may be done raising short term rates, hence the yields are falling.
October 2nd, 2006 at 2:18 pm
Thanks Jon for the refferal bonus $$$s.
October 2nd, 2006 at 2:41 pm
left exactly $1 @ emigrant, the rest 67,000 pumped straight into e-loan
that’s the beauty of liquid savings – they can be parked wherever it’s the warmest at the moment.
October 3rd, 2006 at 8:01 am
Uh oh, wonder if Citi E-savings account will follow Emigrant’s lead and lower their rate as well.