Emigrant Direct Savings at 4% Interest!
With the increase in short term interest rates by the Fed, Emigrant Direct is now offering 4% interest on their American Dream accounts. Four percent! That’s better than a lot of CDs.
For information on Emigrant Direct itself, read my Emigrant Direct review.
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There are 2 comments, add your thoughts now!
Okay, 4% is pretty hard to ignore. Sounds like it might be time for me to open an account and slide some money over there. I wonder how long it will take for other online banks to respond.
I doubt ING will increase theirs above 3.75% (it’s currently at 3.3%) let alone 3.5%. You can hook up the two and transfer money directly between the two.
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