4.75% at ING!?!?

[Taggart]

Originally posted by: compuwiz1
I'm going with Ford Credit's offer.

At $50,000 and above, they ae paying 5.70%, as of my mailer. It might be higher now.

Not a bad deal


I sent the card in, indicating, I want to deposit at least $50k

The interest rate is high for a reason. Ford might go bankrupt. If they do you lose everything. This is a junk bond.

Reuters Article about decreasing credit rating

 

[SoulAssassin]

Ford Interest Advantage is a program under which you can invest in unsecured senior debt obligations of Ford Motor Credit Company. It is not a money market mutual fund or a bank account and is not protected by the Federal Deposit Insurance Corporation or any other insurance.

Run!!!

 

[Stunt]

3.15% in Canada @ ING
My savings account with Scotiabank gives 3.00%