Savings accounts - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

UteStar · 05-03-2006, 06:36 PM

I have mentioned this to others, but I have gotten out of the local bank savings account business. Though I never had a huge amount of money in my typical savings account, I moved it out and went to ING. As you know, ING is one of the largest banks in the world. Its savings account is pretty terrific as of now. It is currently earning just over 4% interest and you can add or pull money out whenever you want. I also think there are a few other banks that offer pretty good savings interest but I am not familiar with the other players. All I know is, I was earning about .50% interest on my savings account at Zions.

On top of that, I got a $25 bonus for signing up (I had to deposit $250 initially). Anyway, it has worked for us. If anyone has any questions on it, let me know. If anyone has another suggestion for me on this as well, let me know. Thanks.

COUGZ · 05-03-2006, 06:43 PM

I'm interested in hearing some more about this...my local savings account doesn't give me crap and I have a pretty good one that I think it would be worthwhile getting some good interest off of.

Thanks man.

All-American · 05-03-2006, 08:03 PM

The Zions bank internet money market account has about a 4% interest rate, with a deposit/withdrawal limit of 6 (i think) per month. It's working out rather well for me. I get $20 a month just to have my money grow mold in THIS vault instead of THAT vault.

Colly Wolly · 05-04-2006, 05:06 PM

I have also been very interested in this. I opened an ING account late last year and have been very pleased. Brick and mortar bank savings accounts are a joke compared to what you can get online. Citibank is offering a slightly higher rate than ING right now 4.5% vs. 4.00%. I opened a Citibank account last month as well. Account set-up was more hassle-free with ING than with Citibank.

Parrot Head · 05-04-2006, 05:17 PM

If you're a Costco member, you can get solid rates on CDs and Money Market accounts too. http://www.capitalone.com/investment..._C3_02_T_DCSCO

If you aren't a Costco member, why not? Join, it's totally worth it. Mmmmmmm... free sample Fridays.

bluegoose · 05-04-2006, 06:02 PM

Quote:

Originally Posted by Parrot Head

If you aren't a Costco member, why not? Join, it's totally worth it. Mmmmmmm... free sample Fridays.

I haven't bought lunch on a saturday afternoon for about 3 1/2 years, thanks to free sample saturday.

realtall · 05-06-2006, 01:08 AM

I have an account with EmigrantDirect myself. They're at 4.5% now. I never thought that I'd see the day when I got substantial interest off of a savings account but that is what's happening. Those $$ accrue a lot quicker than they used to(with my 1.3% credit union savings account).

bYuPride · 05-07-2006, 08:30 PM

Quote:

Originally Posted by UteStar

On top of that, I got a $25 bonus for signing up (I had to deposit $250 initially). Anyway, it has worked for us. If anyone has any questions on it, let me know. If anyone has another suggestion for me on this as well, let me know. Thanks.

how do you open up an account with ING? and what's the minimum requirement you need to maintain in the account to earn a decent interest rate?

Colly Wolly · 05-07-2006, 11:09 PM

Quote:

Originally Posted by bYuPride

how do you open up an account with ING? and what's the minimum requirement you need to maintain in the account to earn a decent interest rate?

Opening an account with ING is all done online, all you need is your checkbook from another bank so you can provide the routing number to link up your current bank to your ING account. ING will withdraw the money from your current bank and place it in your ING account. It is very simple.

There are no minimums to open and maintain an ING account. However, if you deposit $250 at the time of opening, ING will give you a $25 account opening bonus. I can send you the link if you are interested (ING customers also get a $10 bonus for referring people who open an account with $250 or more).

bYuPride · 05-08-2006, 02:33 PM

Quote:

Originally Posted by Stick It In Him

I can send you the link if you are interested (ING customers also get a $10 bonus for referring people who open an account with $250 or more).

that would be great. thanks!

05-03-2006, 06:36 PM	#1
UteStar Senior Member Join Date: Aug 2005 Posts: 1,817	Savings accounts I have mentioned this to others, but I have gotten out of the local bank savings account business. Though I never had a huge amount of money in my typical savings account, I moved it out and went to ING. As you know, ING is one of the largest banks in the world. Its savings account is pretty terrific as of now. It is currently earning just over 4% interest and you can add or pull money out whenever you want. I also think there are a few other banks that offer pretty good savings interest but I am not familiar with the other players. All I know is, I was earning about .50% interest on my savings account at Zions. On top of that, I got a $25 bonus for signing up (I had to deposit $250 initially). Anyway, it has worked for us. If anyone has any questions on it, let me know. If anyone has another suggestion for me on this as well, let me know. Thanks.

05-03-2006, 08:03 PM	#3
All-American Senior Member Join Date: Jan 2006 Posts: 3,420	The Zions bank internet money market account has about a 4% interest rate, with a deposit/withdrawal limit of 6 (i think) per month. It's working out rather well for me. I get $20 a month just to have my money grow mold in THIS vault instead of THAT vault. __________________ εν αρχη ην ο λογος

05-04-2006, 05:17 PM	#5
Parrot Head Senior Member Join Date: Aug 2005 Posts: 763	If you're a Costco member, you can get solid rates on CDs and Money Market accounts too. http://www.capitalone.com/investment..._C3_02_T_DCSCO If you aren't a Costco member, why not? Join, it's totally worth it. Mmmmmmm... free sample Fridays. __________________ Oh, he's very popular Ed. The sportos, the motorheads, geeks, sluts, bloods, waistoids, dweebies, dickheads - they all adore him. They think he's a righteous dude. - Bronco, when asked how to describe PH

05-06-2006, 01:08 AM	#7
realtall Senior Member Join Date: Aug 2005 Location: Krum, TX Posts: 891	I have an account with EmigrantDirect myself. They're at 4.5% now. I never thought that I'd see the day when I got substantial interest off of a savings account but that is what's happening. Those $$ accrue a lot quicker than they used to(with my 1.3% credit union savings account). __________________ http://realtall.blogspot.com/

05-03-2006, 06:43 PM	#2
COUGZ Junior Member Join Date: May 2006 Location: Provo Posts: 26	I'm interested in hearing some more about this...my local savings account doesn't give me crap and I have a pretty good one that I think it would be worthwhile getting some good interest off of. Thanks man.

05-04-2006, 05:06 PM	#4
Colly Wolly Senior Member Join Date: Mar 2006 Posts: 1,281	I have also been very interested in this. I opened an ING account late last year and have been very pleased. Brick and mortar bank savings accounts are a joke compared to what you can get online. Citibank is offering a slightly higher rate than ING right now 4.5% vs. 4.00%. I opened a Citibank account last month as well. Account set-up was more hassle-free with ING than with Citibank.