ing direct vs. paypal.

[Kroze]

which one is better?

ING direct is only giving 3.0% interest on their savings account

and paypal is giving 3.22% just by having money in your account...

 

[FoBoT]

which one is higher? is higher better? is there a reason why higher wouldn't be better?

 

[EyeMWing]

ING, because they're a real financial institution.

 

[amdskip]

Paypal is not FDIC insured.

 

[Viper GTS]

Originally posted by: EyeMWing
ING, because they're a real financial institution.

Yup.

You would have to be a fool to use PayPal like a bank.

Viper GTS

 

[Kroze]

i guess i'll take the money out of paypal then and open an ING.

 

[HardcoreRobot]

i have no trust in paypal

 

[ElFenix]

ING, because somehow someone will steal that money out of your paypal account and you will be screwed.

 

[cjgallen]

Originally posted by: amdskip
Paypal is not FDIC insured.

Yep. Moneymarket, subject to market fluctuations. Past performance is not indicative of future results.

 

[Yzzim]

Originally posted by: Kroze
i guess i'll take the money out of paypal then and open an ING.

need a referral?

 

[Taggart]

Look at bankrate.com. There are online banks kicking ing direct's ass right now with regards to interest rate. One is as high as 3.5%.

 

[bernse]

Originally posted by: HardcoreRobot
i have no trust in paypal

+1

 

[RossMAN]

EmigrantDirect > ING

Except for referrals.

 

[Maximus96]

use ing, paypal sucks

 

[Ns1]

ing cuz your sht be safe

//edit

actually, capitalone > ing > paypal

 

[iwantanewcomputer]

emigrantdirect.com = 3.25%

 

[Ranger X]

Ghetto website but they offer 3.75%.

Presidential

 

[alm4rr]

Emigrant direct

 

[slycat]

Originally posted by: Ranger X
Ghetto website but they offer 3.75%.

Presidential

*Presidential. Premier Savings Account pays a 3.75% Annual Percentage Yield (APY) on balances up to $35,000, 2.50% APY on any portion of balance in excess of $35,000. Minimum to open $5000, minimum balance to avoid monthly fees, $5000. Presidential Bank reserves the right to close this account to additional customers at any time. Only one Premier Savings Account per primary taxpayer identification number.

 

[GeneValgene]

Originally posted by: Ranger X
Ghetto website but they offer 3.75%.

Presidential

do you use them?

 

[ghostman]

HSBC's OnlineSavings offers 3.25%.

But yes, ING has $25 from referral. For the 0.25% to add up to that in one year, you'll need $10,000.

PM if you need a referral ;-)

 

[delroy]

ING seems quite more secure