Emigrant Direct Down to 5.05% APY – August Bonus Payouts

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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.

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Comments

  1. Boooo to Emigrant Direct lowering their rate. Did you notice that EverBank’s FreeNet Checking Account promo rate is now up to 6.01%?

  2. Thank you for The Emigrant Direct bonus.

  3. Steve Torso says

    What a brilliant marketing strategy, by offering the referral bonus.

  4. How very disappointing………

  5. 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

  6. I was surprised by the APR decrease.

  7. Thank you for the 10 dollar deposit

  8. 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.

  9. Thanks Jon for the refferal bonus $$$s.

  10. 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.

  11. Uh oh, wonder if Citi E-savings account will follow Emigrant’s lead and lower their rate as well.

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