3.25% on Emigrant-Direct's Savings account!

Emigrant-Direct Bank, NY has increased its interest in Savings account
to 3.25% APR with no minimum deposit required. Currently this is the
highest that any bank is offering. Ing-Direct Bank's rate is 2.60% APR -
that is the second in line.

3.25% APR is much better than investing in CDs. Fed will continue
increasing rates in months to come and CD rates will also increase.
In that case it is better not to invest in CDs and lock your money at a
lower rate. Emigrant-Direct offers a very attractive alternative by
allowing you to keep money in your easy access while you enjoy good
interest rate.