Emigrant Direct Down to 5.05% APY – August Bonus Payouts

October 1, 2006 By Jonathan Ping 11 Comments
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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.

Filed Under: Banking
Last updated: November 3, 2014
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Comments

  1. Juelz says
    October 1, 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%?

    Reply
  2. Carl says
    October 1, 2006 at 6:35 pm

    Thank you for The Emigrant Direct bonus.

    Reply
  3. Steve Torso says
    October 1, 2006 at 6:52 pm

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

    Reply
  4. Rick says
    October 1, 2006 at 7:32 pm

    How very disappointing………

    Reply
  5. shraz says
    October 1, 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

    Reply
  6. ProfessorB says
    October 2, 2006 at 7:22 am

    I was surprised by the APR decrease.

    Reply
  7. Josh says
    October 2, 2006 at 9:19 am

    Thank you for the 10 dollar deposit

    Reply
  8. mc says
    October 2, 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.

    Reply
  9. Brian says
    October 2, 2006 at 2:18 pm

    Thanks Jon for the refferal bonus $$$s.

    Reply
  10. Albrecht says
    October 2, 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.

    Reply
  11. Eric says
    October 3, 2006 at 8:01 am

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

    Reply

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