This sucks!...ING down to 1.8%..

Rudee

Lifer
Apr 23, 2000
11,218
2
76
I'm enjoying nice returns from the stock market. Just sold my position in ATI Technologies after a 104% gain. As far as pure savings goes, ING is pretty sweet.
 

slycat

Diamond Member
Jul 18, 2001
5,656
0
0
Originally posted by: WhiteKnight
mwahaahaha, I still get 3% from my Credit Union savings account.

what does that mean?...whats a credit union?...can anyone get one?
 

ViRGE

Elite Member, Moderator Emeritus
Oct 9, 1999
31,516
167
106
Dude, you really don't know what a Credit Union is? Take a look at this explaination, and it should give you some idea.
 

slycat

Diamond Member
Jul 18, 2001
5,656
0
0
hmm..so whats the catch?...
i mean its insured, it gives higher interest rates...
why go to a bank?
 

randomlinh

Lifer
Oct 9, 1999
20,846
2
0
linh.wordpress.com
i have money in my ing account... i haven't checked it in a while. heh. i just do very small monthly deposits... oh well... 1.8% is still better than < 1% savings from my bank
 

ViRGE

Elite Member, Moderator Emeritus
Oct 9, 1999
31,516
167
106
Originally posted by: slycat
hmm..so whats the catch?...
i mean its insured, it gives higher interest rates...
why go to a bank?

They're great for loans, long-term savings, etc, but you'll probably want a normal bank because of ATMs, checking, etc.