wow… From 3.55 up to 4.6 in one move and it doesn’t appear to be a teaser rate either! I actually have an acct with them and it was sitting with just a couple hundred $ in there, but now they’ll probably get my ING money in April after the 4.75% teaser expires.
They also raised their CD rates. The new APY of the 1-year CD is now 5.10%.
VB has done a good job at keeping the CD rates competitive even while they had seriously lagged in the MMA rate. That was the reason why I opened an eMoney Market account last year. You can easily fund a CD with money from the eMoney Market account. Only problem with their CDs is a high $10K deposit requirement.
Jonathan: I really enjoy your blog and I’ve taken up a lot of the offers you’ve mentioned. Before I open up this money market acct, do you have one so that you can get the referral bonus? If so, what should I enter?
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