Archives for November 2005

I know a lot of people who use local credit unions not only because they have reasonable prices, but they like the personalized customer service and small bank feel. Me, I’ve been pretty happy with my local Bank of America branch, it fulfills all my needs. But I just noticed in the newspaper that a local credit union is offering a 6 month promotional CD paying 5% APY. Not only is that a good rate, but they also have a branch right by my house.

Looking at their website, I also notice a lot of cool little features. They include: free cashier’s checks, free traveler’s checks, $10 outgoing wire transfers, and non-network ATM reimbursements. Definitely must check it out in person, their safety deposit boxes are only $20 a year. All these little things cost more at BofA and can add up.

First of all, thanks to the participants in my $10 Emigrant Direct Opening Bonus for not sending me any e-mails like the title of this post. It has been about 45 days since I started it, and I know some of you have finished opening your account weeks ago. Well, unfortunately I haven’t gotten paid yet. After an account is opened and tracked, I have to bill them at the end of the month. (Nobody sent me their 2nd notice earlier than October) Then they are supposed to pay me within 30 days of that. There have been some bumps in the process, but I have been assured that my first payment is ‘in processing’ and should arrive shortly. I apologize for the delay and just wanted to give you guys an update.

Also, I have streamlined the bonus directions so that new bonus seekers will instantly get e-mail confirmations that I have received your information. If you already started the process, please continue to use the old directions.

Just got note that HSBC’s Online Savings Account is now at 4.0%, matching Emmigrant Direct. (thanks Allan) Too bad I can’t find any sign-up offers right now, I missed the last one for $35. Let’s hear it for some rate wars!