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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (16947)2/8/2004 8:02:22 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
ING-Direct Bank has had 2.00% on offer for a number of years now.

home.ingdirect.com

It's not quite as high as 2.02% but close. This is an ordinary savings account with no term commitment, no fees, no minimums.

You can be quite certain that the Discount Window is not open to this Delaware based U.S. subsidiary of a Dutch bank, excepting for emergency purposes.



To: Tradelite who wrote (16947)2/9/2004 12:08:57 AM
From: JBTFDRespond to of 306849
 
<<And I don't even know why it's classified as a CD.>>

My guess would be that they are hoping you aren't watching and if rates go up you will still leave the money in the CD. A money market rate would go up.


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