With the Federal Reserve raising their rates to 4%, ING Direct increased their interest rate from 3.4% to 3.5%. This is still a half point below Emigrant Direct which is offering an interest rate of 4.0%.
I don’t think that Emigrant will be raising their interest rate with the Federal Reserve’s move and ING hasn’t raised their rate enough to put any pressure on Emigrant to do so. There is a constant debate going on in regard to whether This entry was posted in X Files. Bookmark the permalink.